国电电力上半年净利润36.87亿元

Core Viewpoint - Guodian Power Development Co., Ltd. reported a decline in revenue and net profit for the first half of 2025, but showed significant growth in net profit after excluding non-recurring gains, indicating improved profitability quality [2][3]. Financial Performance - The company achieved operating revenue of 77.655 billion yuan, a year-on-year decrease of 9.52% - Net profit attributable to shareholders was 3.687 billion yuan, down 45.11% year-on-year - After excluding non-recurring gains, the net profit attributable to shareholders was 3.410 billion yuan, an increase of 56.12% year-on-year [2]. Business Structure and Strategy - Guodian Power is a core power listed company controlled by the State Energy Group, with a diversified energy generation portfolio including thermal, hydro, wind, and solar power - As of June 30, the company had a total installed capacity of 120.156 million kilowatts, with thermal power at 76.633 million kilowatts, hydro power at 14.951 million kilowatts, wind power at 10.169 million kilowatts, and solar power at 18.403 million kilowatts [2][3]. Renewable Energy Development - The company is rapidly advancing its renewable energy business, adding 6.4516 million kilowatts of new renewable energy capacity in the first half of the year - It secured 3.5348 million kilowatts of renewable energy resources and completed the approval or filing of 3.7739 million kilowatts of renewable capacity - As of June 30, the company had 2.1183 million kilowatts of wind power projects and 3.4334 million kilowatts of solar power projects under construction [3][4]. Investor Returns - Guodian Power plans to distribute a cash dividend of 0.10 yuan per share, totaling approximately 1.784 billion yuan, which represents 48.38% of the net profit for the first half of the year - This will mark the 26th dividend distribution since the company's listing and the third consecutive year of mid-term profit distribution, with cumulative cash dividends exceeding 30 billion yuan if successfully implemented [4][5]. Management and Financial Health - The stable dividend policy signals the company's stable operations and financial health, encouraging management to focus on operational efficiency and prudent investment strategies - High-level dividends reflect the company's commitment to shareholder rights and enhance investor loyalty and recognition [5].