Gelonghui, April 12 | Guangdong Electric Power A (000539.SZ) announced its results forecast for the first quarter of 2024. Net profit attributable to shareholders of listed companies during the reporting period was between RMB 110 million and RMB 140 million, up 24.39%-58.32% over the same period last year; net profit after deducting non-recurring profit and loss of RMB 80 million to RMB 110 million, an increase of 7.32%-47.57% over the same period last year; basic earnings per share were 0.0210 yuan to 0.0267 yuan.
In the first quarter of 2024, the company actively grasped the market window, increased the crew load rate, compounded the impact of the commissioning of new units, and increased feed-in power over the same period last year, effectively mitigating the negative impact of falling electricity prices on revenue. At the same time, the company continues to promote energy saving and consumption reduction, and strictly control various costs. Combined with the favorable impact of falling fuel prices, the marginal contribution of the thermal power business to power generation is expanding. Furthermore, the results of the company's new energy layout have gradually been highlighted, and the scale of installed new energy equipment has continued to expand, making a steady contribution to the company's performance. Combined with the above factors, the company's profit increased significantly year-on-year in the first quarter.