China Suntien Green Energy's 2024 Profit Slides 24%; Hong Kong Shares Fall 6%

MT Newswires Live

03-26

China Suntien Green Energy's (SHA:600956, HKG:0956) attributable profit fell 24% to 1.67 billion yuan in 2024 from 2.21 billion yuan in 2023, according to a Tuesday filing with the Hong Kong exchange.

Earnings per share at the natural gas and wind power generation company decreased to 0.40 yuan from 0.51 yuan in the previous year.

Operating income grew 5.4% to 21.4 billion yuan from 20.3 billion yuan a year earlier.

The company declared a final dividend of 0.21 yuan per share.

Shares slid 6% in Hong Kong and 4% in Shanghai during Wednesday's morning trading.

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