CGN Power Co Ltd Class H

01816: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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CGN Power Earnings: Below Expectations, Likely Due to Lower Tariff and Higher Cost

Chokwai Lee

Oct 24, 2024

CGN Power’s revenue for the first nine months of 2024 grew 4.1% year on year, while net profit was up 2.9%. Total on-grid power generation from subsidiaries rose 5.0%, with stronger generation from Fangchenggang and Taishan partly offset by weak output from Daya Bay and Lingdong.

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CGN Power Co Ltd Class H

CGN Power Earnings: Below Expectations, Likely Due to Lower Tariff and Higher Cost

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