China Suntien Reports Growth Amid Renewables Push

China Suntien Green Energy Corporation Limited Class H (HK:0956) has released an update.

China Suntien Green Energy Corporation Limited reports a 20.8% increase in operating revenue at RMB 12.137 billion for the first half of 2024 but sees a slight decrease in net profit by 0.62% to RMB 1.43 billion. Basic earnings per share stand at RMB 0.34. The company’s performance comes amidst China’s push for large-scale development in renewable energy, aligning with the national ’14th Five-Year Plan’ for a modern energy system and carbon neutrality goals.

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