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中广核新能源(01811.HK)上半年纯利跌10.9%至1.635亿美元
Ge Long Hui· 2025-08-19 08:39
Core Insights - China General Nuclear Power Corporation (CGN) New Energy reported a revenue of $856.5 million for the six months ending June 30, 2025, representing a year-on-year decrease of 12.8% [1] - The company's profit attributable to equity shareholders was $163.5 million, down 10.9% year-on-year, with earnings per share at 3.81 cents, and no dividend declared [1] Financial Performance - Revenue decreased primarily due to reduced electricity prices and generation from projects in South Korea, as well as a decline in electricity prices for solar projects in China [1] - The company's asset portfolio includes wind, solar, gas, coal, oil, hydro, and biomass power generation projects, along with an energy storage project [1] Geographic and Operational Overview - The company operates across 19 provinces, two autonomous regions, and two municipalities in China, indicating a broad geographic distribution and diverse business scope [1] - As of June 30, 2025, approximately 79.4% of the company's equity installed capacity of 10,501.4 MW is located in China, while 20.6% is in South Korea [1] - Clean and renewable energy projects (wind, solar, gas, hydro, and biomass) account for 85.7% of the company's equity installed capacity, while traditional energy projects (coal and oil) make up 14.3% [1]