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An update from Datang International Power Generation Co ( (HK:0991) ) is now available.
Datang International Power Generation Co., Ltd. announced its 2024 annual results, showcasing a significant financial improvement. The company’s operating revenue increased by 0.86% to RMB123,474 million, while profit before tax surged by 51.88% to RMB8,666 million. Net profit attributable to equity holders rose dramatically by 215.05% to RMB4,538 million, marking a record-high profit. The company attributes this success to its strategic efforts under the 14th Five-Year Plan, achieving high-quality development despite challenges.
More about Datang International Power Generation Co
Datang International Power Generation Co., Ltd. is one of the largest independent power generation companies in the People’s Republic of China. The company operates across 20 provinces, municipalities, and autonomous regions, with a focus on coal-fired power in the Beijing-Tianjin-Hebei and southeast coastal regions, hydropower in the southwest, and wind and photovoltaic power projects distributed nationwide.
YTD Price Performance: -0.01%
Average Trading Volume: 314,000
Technical Sentiment Signal: Sell
Current Market Cap: £4.96B
See more insights into 0991 stock on TipRanks’ Stock Analysis page.