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China Suntien Green Energy Corporation Limited Class H ( (HK:0956) ) has shared an update.
In the fourth quarter of 2024, China Suntien Green Energy Corporation Limited reported a 5% increase in power generation compared to the previous year, with on-grid power generation also rising by 4.89%. Despite these quarterly improvements, the accumulated power generation for the entire year showed a slight decline of 0.93% from 2023. The company’s average on-grid tariff decreased by 2.50%, while the transacted electricity volume in the market increased slightly by 0.57 percentage points. These developments reflect China Suntien’s ongoing efforts to optimize its energy production and market presence, although challenges remain in maintaining consistent growth across all regions in China.
More about China Suntien Green Energy Corporation Limited Class H
China Suntien Green Energy Corporation Limited operates in the renewable energy sector, focusing on wind and solar power generation. The company is based in China and is involved in the production and distribution of clean energy, contributing to the country’s green energy initiatives.
YTD Price Performance: 1.63%
Average Trading Volume: 11,606,540
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$31.41B
Learn more about 0956 stock on TipRanks’ Stock Analysis page.
