华能水电上半年净利润突破46亿元 总装机容量达3353.74万千瓦

Core Viewpoint - Huaneng Lancang River Hydropower Co., Ltd. reported a significant increase in revenue and profit for the first half of 2025, driven by enhanced hydropower generation capacity and favorable hydrological conditions [1] Financial Performance - The company achieved an operating revenue of 12.959 billion yuan, a year-on-year increase of 9.08% [1] - Total profit reached 5.791 billion yuan, reflecting a year-on-year growth of 9.78% [1] - Net profit attributable to shareholders was 4.609 billion yuan, marking a 10.54% increase compared to the previous year [1] Capacity and Generation - As of June 30, 2025, the total installed capacity of the company reached 33.5374 million kilowatts, an increase of 4.3342 million kilowatts year-on-year [1] - The company generated 52.752 billion kilowatt-hours of electricity, which is a 12.97% increase year-on-year [1] Factors Contributing to Growth - The significant increase in installed capacity of renewable energy sources and the full-capacity operation of TB power station contributed to the revenue growth [1] - Hydrological conditions in the Lancang River basin were approximately 10-20% above the historical average, facilitating increased hydropower generation [1] - The "West-to-East Power Transmission" initiative saw an increase in electricity transmission compared to the previous year [1] Recent Developments - On August 22, 2025, the company’s Huyanbao Hydropower Station's units 1 and 2 completed a 72-hour trial run and commenced commercial operation, contributing to the overall installed capacity [1] - The total installed capacity of Huyanbao Hydropower Station is 1.116 million kilowatts, further expanding the company's hydropower generation capacity [1]