China Resources Power Sees Robust Profit Growth

China Resources Power Holdings Co (HK:0836) has released an update.

China Resources Power Holdings Co. reported a significant 38.9% increase in net profit for the first half of 2024, reaching HK$9.36 billion, up from HK$6.74 billion in the same period of the previous year. Basic earnings per share rose to HK$1.95, and the company announced an interim dividend of HK$0.455 per share. The growth was primarily driven by the thermal power business, which saw its core profit contribution surge to HK$2.71 billion from HK$726 million.

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