Zhi Tong Cai Jing·2025-08-20 02:11Core Viewpoint - Longyuan Power's stock dropped nearly 5% following the announcement of its mid-year results for 2025, reflecting concerns over declining net profit despite a slight increase in revenue [1] Financial Performance - The company reported a revenue of RMB 15.657 billion for the first half of 2025, representing a year-on-year growth of 3.1% [1] - Net profit attributable to equity holders was RMB 3.519 billion, a decrease of 14.4% compared to the previous year [1] - Earnings per share stood at RMB 0.42 [1] Segment Performance - Wind power segment revenue for the first half of 2025 was RMB 13.826 billion, down RMB 0.225 billion or 1.6% from RMB 14.051 billion in the same period of 2024, primarily due to a decrease in average utilization hours and average on-grid electricity prices [1] - Solar power segment revenue increased significantly to RMB 1.702 billion, up RMB 0.674 billion or 65.6% from RMB 1.028 billion in the previous year, driven by an increase in installed capacity and power generation [1] Cost and Dividend Information - The decline in net profit was attributed to increased operating costs from newly commissioned projects and the disposal of the thermal power segment [1] - The company announced an interim dividend of RMB 0.1 per share, to be distributed on December 30, 2025 [1]