内蒙华电：前三季度完成发电量同比下降10.96%

Core Viewpoint - Inner Mongolia Huadian (600863) reported a decline in power generation and sales for the first three quarters of 2025 compared to the same period last year, indicating potential challenges in operational performance [1] Group 1: Power Generation and Sales - The company achieved a power generation of 401.58 billion kWh, a decrease of 10.96% year-on-year [1] - The on-grid electricity volume reached 371.86 billion kWh, down 11% compared to the previous year [1] - Market-oriented transaction electricity volume was 362.88 billion kWh, accounting for 97.59% of the on-grid electricity [1] - The average selling price of electricity was 341.52 RMB per MWh (excluding tax), an increase of 2.01% year-on-year [1] Group 2: Coal Production and Sales - Coal production for the first three quarters was 10.459 million tons, a decrease of 0.92% year-on-year [1] - External coal sales amounted to 4.8108 million tons, down 8% from the previous year [1] - The average selling price of coal was 304.1 RMB per ton (excluding tax), a decline of 26.42% year-on-year [1]