China Power Reports Surge in Electricity Sales

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

China Power International Development Limited reported a substantial increase in electricity sales for July 2024, with a 29.22% rise from the previous year, and a 32.65% increase for the first seven months of 2024. The growth was primarily driven by significant gains in hydropower, wind power, and photovoltaic power, despite a decline in coal-fired power sales. The company cautions investors that these figures are based on internal management records and have not been externally audited or reviewed.

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