Brief: China Resources Power Posts HY Profit Attributable HK$6.74 Bln

China Resources Power Holdings

22/08/2023 05:34

Aug 22 (Reuters) - China Resources Power Holdings Co Ltd
 0836.HK :
    * HY TURNOVER HK$51.48 BILLION VERSUS HK$50.41 BILLION
    * HY PROFIT ATTRIBUTABLE HK$6.74 BILLION VERSUS HK$4.37
BILLION
    * RESOLVED TO DECLARE AN INTERIM DIVIDEND OF HK$0.328 PER
SHARE
FOR 2023
    * FROM 2021 TO 2025 GROUP AIMS TO INCREASE ITS INSTALLED
CAPACITY
OF RENEWABLE ENERGY BY 40 GW
    * EXPECTED THAT PROPORTION OF INSTALLED CAPACITY OF
RENEWABLE
ENERGY WILL EXCEED 50% BY END OF 2025
    * GRID CONNECTION TARGET FOR NEW WIND POWER AND PHOTOVOLTAIC
POWER
PROJECTS OF GROUP FOR 2023 WILL BE 7,000MW
    * CASH CAPITAL EXPENDITURE IN 2023 IS EXPECTED TO BE
APPROXIMATELY
HK$45,000 MILLION
    * IN H2 2023, EXPECTED THERMAL POWER GENERATION UNITS WITH
ATTRIBUTABLE GENERATION CAPACITY OF 577 MW WILL COMMENCE
OPERATION


Further company coverage:  0836.HK 

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