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The latest announcement is out from China Resources Power Holdings Co ( (HK:0836) ).
China Resources Power Holdings Co reported a significant increase in net profit for the year ended December 31, 2024, with a 30.8% rise to HK$14,388 million compared to the previous year. The company also announced a final dividend of HK$0.691 per share, contributing to a total dividend payout of HK$1.19 per share for 2024, reflecting a dividend payout ratio of 40%. The company’s financial performance was bolstered by strong contributions from its thermal power business, despite a slight decline in core profit from its renewable energy segment.
More about China Resources Power Holdings Co
China Resources Power Holdings Co is a company operating in the energy sector, focusing on both renewable energy and thermal power businesses.
YTD Price Performance: 0.43%
Average Trading Volume: 2,200
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $12.58B
Learn more about 0836 stock on TipRanks’ Stock Analysis page.