Diversified Revenue StreamsThe company earns from long-term power purchase agreements, renewables and traditional generation, plus government subsidies and partnerships. This mix creates durable, contract-backed cash flows and subsidy buffers that reduce commodity exposure and support steady revenues over medium term.
Improving Gross MarginGross margin expansion indicates better cost control or a more favorable generation mix. Sustained margin improvement enhances operating leverage, giving the company more room to absorb fixed costs and invest in maintenance or renewables without relying solely on higher top-line growth.
Low Earnings VolatilityA very low beta implies earnings and equity returns are relatively insensitive to market swings, consistent with utility-like, contract-backed cash flows. Lower volatility supports more predictable financial planning, easier debt servicing and steadier execution of multi-year projects.