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Huadian Power International Reports 2024 Financial Results and Dividend Proposal

Story Highlights
  • Huadian Power International saw a slight decrease in power generation and turnover in 2024.
  • The company announced a profit of RMB5,670 million and proposed a final dividend of RMB0.13 per share.
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Huadian Power International ( (HK:1071) ) has shared an update.

Huadian Power International reported a slight decrease in power generation and on-grid power sales for 2024, with a turnover decline of 3.42% compared to 2023. Despite these decreases, the company announced a profit of RMB5,670 million and proposed a final dividend of RMB0.13 per share, subject to shareholder approval. This announcement reflects the company’s stable financial performance and commitment to shareholder returns, despite challenges in the energy sector.

More about Huadian Power International

Huadian Power International Corporation Limited is a major energy company in China, engaged in the construction and operation of power plants. The company operates large-scale efficient coal- or gas-fired generating units and renewable energy projects across 12 provinces and cities in China, with a total controlled installed capacity of 59,818.62 MW.

YTD Price Performance: 14.20%

Average Trading Volume: 5,000

Technical Sentiment Signal: Strong Sell

Current Market Cap: $7.57B

Learn more about 1071 stock on TipRanks’ Stock Analysis page.

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