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China Resources Power Holdings Co ( (HK:0836) ) just unveiled an announcement.
China Resources Power Holdings Co has announced the audited financial results of its subsidiary, China Resources New Energy Holdings, for the years 2022 to 2024. The subsidiary, which is set for a proposed spin-off and A Share Listing, showed revenue growth from RMB 18.2 billion in 2022 to RMB 22.9 billion in 2024, with profits before taxation peaking in 2023 at RMB 9.95 billion. The financials highlight a steady growth trajectory, indicating a strong market position in the new energy sector, although stakeholders are advised to exercise caution as these figures do not represent the entire group’s financial status.
The most recent analyst rating on (HK:0836) stock is a Buy with a HK$21.00 price target. To see the full list of analyst forecasts on China Resources Power Holdings Co stock, see the HK:0836 Stock Forecast page.
More about China Resources Power Holdings Co
China Resources Power Holdings Co is a company incorporated in Hong Kong with a focus on energy production and management. It operates through its subsidiaries, including China Resources New Energy Holdings Company Limited, which is involved in new energy initiatives.
Average Trading Volume: 14,416,726
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$101.2B
Find detailed analytics on 0836 stock on TipRanks’ Stock Analysis page.