龙源电力(00916) - 2023 Q3 - 季度业绩

Revenue Performance - For the nine months ended September 30, 2023, the group's revenue was RMB 28.10 billion, a decrease of 7.00% compared to the same period last year[2] - Wind power revenue (excluding concession service income) was RMB 20.86 billion, an increase of 3.53% year-on-year[4] - Thermal power revenue was RMB 6.21 billion, a decrease of 34.17% compared to the previous year[4] Profitability - Net profit attributable to equity holders of the company was RMB 6.38 billion, an increase of 18.95% year-on-year[2] - The group reported a total operating profit of RMB 11.15 billion, an increase from RMB 10.78 billion in the previous year[2] - The group’s financial expenses decreased to RMB 2.51 billion from RMB 2.93 billion year-on-year[2] Power Generation - Total power generation reached 55,504,550 MWh, an increase of 7.87% year-on-year[1] - Wind power generation was 44,673,091 MWh, up 6.17% from the previous year[1] - The thermal power generation decreased to 7,645,833 MWh, down 4.76% from 8,027,779 MWh in the previous year[8] - Other renewable energy generation increased significantly by 136.43% to 3,185,625 MWh[1] - The total power generation for the nine months ending September 30, 2023, was 55,504,550 MWh, representing a 7.87% increase from 51,453,461 MWh in the same period of 2022[8] Regional Performance - Notable regional performance included a 36.93% increase in Guangxi, generating 1,829,084 MWh, and a 22.12% increase in Hunan, with 578,745 MWh generated[7] - The company reported a decrease in power generation from Canada by 17.95%, down to 161,257 MWh from 196,523 MWh[7] - The company experienced a 22.81% increase in power generation from South Africa, reaching 600,100 MWh compared to 488,652 MWh previously[7] - The generation from Xinjiang decreased by 1.95%, totaling 3,014,967 MWh compared to 3,074,827 MWh last year[7] Future Strategies - The company aims to continue expanding its renewable energy capacity and improve operational efficiency in the coming quarters[9] - Future strategies include enhancing technological advancements in power generation and exploring potential mergers and acquisitions to strengthen market position[9]