中国广核电力-第三季度符合预期，2026 年广东关税政策利好

CGN Power Co., Ltd | Asia Pacific 3Q In-Line, 2026 Guangdong Tariff a Positive Reaction to earnings Unchanged Modest shortfall Modest revision lower Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS October 28, 2025 03:24 PM GMT Source: Company data, Morgan Stanley Research Key Takeaways 3Q25 recurring net profit down 8%, to Rmb2.57bn, mostly in line with our preview of Rmb2.6bn: Although power sold was only down 4% during the quarter (subsidiaries), CGN Power' ...