CHINA POWER (02380) achieved strong growth in its hydropower segment in the first half of the year, with clean energy installed capacity accounting for over 80%.
China Power (02380) announced its mid-term results for 2026, with revenue of approximately 22.457 billion yuan. The profit attributable to equity holders of the group is about 1.508 billion yuan, while the profit attributable to ordinary shareholders of the company is around 1.273 billion yuan, resulting in a basic earnings per share of 0.1 yuan. Benefiting from favorable hydrological conditions, the hydropower segment experienced strong growth, with profits increasing by approximately 148.93% year-on-year.
CHINA POWER (02380) announced its interim results for the first half of 2026, with revenue of approximately 22.457 billion yuan. The profit attributable to equity holders of the Group is about 1.508 billion yuan, and the profit attributable to ordinary shareholders is approximately 1.273 billion yuan, with basic earnings per share of 0.1 yuan. Benefiting from favorable hydrological conditions, the hydropower sector achieved strong growth, with profits increasing by approximately 148.93% year-on-year.
As of June 30, 2026, the Group's consolidated installed capacity of power plants was approximately 57,400 megawatts, an increase of 6.41% year-on-year. The Group's consolidated installed capacity for clean energy (including hydropower, wind power, photovoltaic power, gas power, and environmental protection power) amounted to about 47,600 megawatts, accounting for approximately 82.89% of the Group's total consolidated installed capacity, an increase of about 1.1 percentage points compared to the same period last year.
In the first half of 2026, the Group's total electricity sales volume was approximately 62.0316 million megawatt-hours, with hydropower sales growing by 51.95%. The total heat sales amounted to approximately 13.0264 million gigajoules.
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