China Resources Power Subsidiary Financial Update

China Resources Power Holdings Co (HK:0836) has released an update.

China Resources Power Investment Company Limited, a subsidiary of China Resources Power Holdings Co, has released its financial figures for 2023 and the first quarter of 2024, reporting a revenue of RMB 59.82 billion and a net profit of RMB 2.06 billion for 2023, with a significant cash increase in early 2024. The financial statements, prepared in accordance with PRC accounting standards, indicate a rise in total assets and caution investors against relying solely on this information for trading decisions.

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