The latest announcement is out from China Power International Development ( (HK:2380) ).
China Power International Development Limited reported a 3.95% increase in total electricity sold in March 2025 compared to the same period last year, with a total of 10,961,682 MWh sold. For the first three months of 2025, the company saw a 2.59% increase in electricity sales, totaling 30,747,663 MWh. The growth was driven by significant increases in wind and photovoltaic power generation, while coal-fired and natural gas power saw declines. These changes reflect the company’s strategic shift towards renewable energy sources, impacting its operational focus and potentially enhancing its industry positioning as a leader in sustainable energy.
More about China Power International Development
China Power International Development Limited is a company incorporated in Hong Kong, primarily engaged in the generation and sale of electricity. The company operates various types of power plants, including hydropower, wind power, photovoltaic power, coal-fired power, and natural gas power. Its market focus includes both wholly-owned and controlled power plants, as well as major associates and joint ventures.
YTD Price Performance: 3.95%
Technical Sentiment Signal: Buy
Current Market Cap: $4.86B
See more data about 2380 stock on TipRanks’ Stock Analysis page.