TGWC(SH:600116) Xin Lang Cai Jing·2025-08-21 21:02Core Viewpoint - The company reported stable revenue but a significant decline in profit due to various operational challenges, while continuing to focus on strategic development in the energy sector [1] Financial Performance - For the first half of 2025, the company achieved operating revenue of 4.896 billion yuan, which is approximately flat year-on-year [1] - The total profit amounted to 112 million yuan, with a net profit attributable to shareholders of 47.93 million yuan [1] Strategic Focus - The company aims to become a leading comprehensive energy listed company based on power distribution and sales, optimizing the electricity business environment [1] - It completed a record high power distribution volume of 6.802 billion kilowatt-hours during the reporting period [1] Operational Challenges - The decline in operating performance was attributed to factors such as reduced water inflow in the river basins of its hydropower stations, decreased investment income from affiliated enterprises, and tax payments from previous years [1] Development Initiatives - The company is committed to developing large projects and focusing on major users, with investments exceeding 1.277 billion yuan in integrated energy projects [1] - It is also working on enhancing its power generation capacity through multi-energy complementarity [1]