CGN Power (HKG:1816, SHE:003816) reported a 0.8% increase in profit attributable to owners for 2024 to 10.81 billion yuan from 10.72 billion yuan in the previous year, according to a filing with the Hong Kong Stock Exchange on Wednesday.
Earnings per share marginally increased to 0.214 yuan from 0.212 yuan a year ago. Analysts polled by Visible Alpha had estimated EPS at 0.22 yuan.
Operating revenue for the year rose 5.2% to 86.80 billion yuan from 82.55 billion yuan in the prior year. Analysts polled by Visible Alpha had projected revenue at 86.55 billion yuan.
The board recommended a final cash dividend of 0.095 yuan, including tax. The record date is June 2, while the payment is expected to be made July 3.
Shenzhen shares of the company declined nearly 2% in morning trade Thursday.
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