China Power Reports Surge in Electricity Sales

China Power International Development (HK:2380) has released an update.

China Power International Development Limited has reported a significant increase in electricity sales, with May 2024’s figures showing a 28.11% rise year-on-year and a 32.70% increase for the first five months compared to the previous year. The company noted substantial growth in sales from hydropower, wind power, and photovoltaic power, while coal-fired and natural gas power saw declines. These figures are based on preliminary internal management records and have not been audited or reviewed by external auditors.

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