Datang International Power Forecasts Up to 252% Surge in 2024 Profit

MT Newswires Live

2025/01/24

Datang International Power Generation (HKG:0991, SHA:601991) expects a net profit attributable to the equity holders of around 4.2 billion yuan and 4.8 billion yuan for 2024, marking a 208% to 252% year-over-year increase from 1.37 billion yuan in 2023.

The electricity company attributed the forecast to higher profitability from thermal power, hydropower stations, increased efficiency, and expansion in clean energy installed capacity, according to a Friday filing with the Hong Kong Exchange.

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