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China Datang Sees Mixed Power Generation Trends
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China Datang Sees Mixed Power Generation Trends

China Datang Corp. Renewable Power Co. Ltd. Class H (HK:1798) has released an update.

China Datang Corporation Renewable Power Co. Ltd. reports a slight decrease of 0.06% in consolidated power generation for May 2024 compared to the previous year, driven by a 5.24% drop in wind power. However, the company experienced a substantial increase of 61.34% in photovoltaic power generation for the same period. Overall, the total power generation for the first five months of 2024 also saw a decrease of 1.22% year-on-year.

For further insights into HK:1798 stock, check out TipRanks’ Stock Analysis page.

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