CGN New Energy (HKG:1811) generated 1,527.6 gigawatt-hours of power in January, down 7.5% from the year-ago period, a Thursday bourse filing stated.
Power output from wind and solar projects in China rose by 9.4% and 18.2%, respectively.
The power generation of cogen & gas-fired and hydro projects in China fell by 5.1% and 3.3%, respectively, while that of Korean projects declined by 34%.
Shares of the power company were up over 1% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.