China Longyuan Power Group Corp Ltd Class H

00916: XHKG (HKG)
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China Longyuan Earnings: Swift Subsidy Settlement Offset by Removal of VAT Rebate

China Longyuan's cumulative nine-month net profit declined 20% year over year despite a 14% rise in power generation, mainly due to a lower average tariff, higher operating costs, and the absence of contributions from the disposed coal power segment.

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