China Telecommunication Union: In the first quarter, electricity trading centers across the country organized a total of 1424.84 billion kilowatt-hours and an increase of 7.7% year-on-year
On April 30, the China Telecommunication Union released a summary of the national electricity market transactions from January to March 2024.
CGN Power (01816): Shareholder Hengjian Investment completed the issuance of non-public exchangeable corporate bonds
According to the Zhitong Finance App, CGN Power (01816) issued an announcement stating that Guangdong Hengjian Investment Holdings Co., Ltd. (Hengjian Investment), a shareholder holding 5% or more of the company's shares, plans to issue non-public exchangeable corporate bonds using some of the company's A-shares as the target. The company recently received a notice from Hengjian Investment. The issuance of this exchangeable corporate bond was completed on April 25, 2024. The bond is “24 Hengjian EB” for short, and the bond code is “117221.SZ”. The actual issuance scale is 2 billion yuan. The bond period is 3 years, and the coupon interest rate is 0.01%. The initial exchange of shares in this exchangeable bond
CGN Power's Profit Up 3% in Q1
CGN Power (HKG:1816) recorded a 3% rise in attributable profit for the quarter ended March 31 to 3.6 billion yuan from 3.49 billion yuan in 2022, a Wednesday filing on the Hong Kong bourse stated. Ear
UBS: “Neutral” rating for CGN Power (01816) Q1 recurring net profit is basically in line with the bank's and market expectations
The overall feed-in electricity volume of CGN Power (01816) in the first quarter increased by 2% per year, and revenue increased by 5% per year.
Changes in Hong Kong stocks | CGN Power (01816) rose more than 4%, profit increased sharply in the first quarter, and overall electricity volume remained stable
The Zhitong Finance App learned that CGN Power (01816) rose by more than 4%. As of press release, it had risen 4.17% to HK$2.75, with a turnover of HK$128 million. According to the news, CGN Electric Power released its report for the first quarter of 2024, with operating revenue of 19.182 billion yuan (RMB, same below), up 4.88% year on year; net profit attributable to shareholders of listed companies was 3.64 billion yuan, up 3.38% year on year. During the reporting period, the total feed-in capacity of nuclear power units operated and managed by the Group was about 51,814 billion kilowatt-hours, an increase of 1.83% over the same period last year; the company's holding subsidiary
CGN Electric's net profit of 3.64 billion yuan in the first quarter increased 3.38% year-on-year
CGN Power (01816) released its report for the first quarter of 2024, with operating revenue of 19.182 billion yuan (RMB, same below), up 4.88% year on year; net profit attributable to shareholders of listed companies was 3.64 billion yuan, up 3.38% year on year; basic earnings per share were 0.071 yuan. In the first quarter of 2024, the total feed-in capacity of nuclear power units operated and managed by the Group was about 51,814 billion kilowatt-hours, an increase of 1.83% over the same period last year; the company's holding subsidiary's feed-in capacity was about 39.644 billion kilowatt-hours, an increase of 0.79% over the same period last year.
CGN Power 1Q Rev CNY19.18B Vs. CNY18.29B >1816.HK
CGN Power 1Q Rev CNY19.18B Vs. CNY18.29B >1816.HK
[Hong Kong Stock Connect] CGN Power's net profit for the first quarter increased 3.38% year-on-year to RMB 3.64 billion
Jinwu Financial News | CGN Power (01816) announced that in the first quarter of 2024, it recorded net profit attributable to the company's shareholders of 3.64 billion yuan (RMB, same below), up 3.38% year on year; total profit was about 6.341 billion yuan, up 2.35% year on year. The increase in net profit and total profit was mainly due to a combination of factors such as electricity volume, electricity prices and R&D progress. Basic earnings per share were 0.071 yuan, up 2.90% year over year. During the period, revenue was recorded at 19.182 billion yuan, an increase of 4.88% over the previous year. The main reason is construction safety for nuclear power projects under construction in Huizhou, Cangnan, etc.
CGN Power (01816)'s net profit for the first quarter was 3.64 billion yuan, up 3.38% year on year
CGN Power (01816) released its report for the first quarter of 2024, with revenue of 19.182 billion yuan (people...
中廣核電力:內幕消息 - 2024年第一季度報告
Haitong International: Target price of HK$3.27 for the initial “superior to the market” rating for CGN (01816)
Haitong International estimates that the main operating income of CGN Power (01816) for the 2024-26 fiscal year will be 87.124 billion/ 91.953 billion/ 97.049 billion yuan, respectively.
Changes in Hong Kong stocks | CGN Power (01816) is now up more than 4%, nuclear power approval is speeding up, and power generation capacity of nuclear power operators is expected to continue to increase
CGN Power (01816) is now up more than 4%. As of press release, it is up 3.83% to HK$2.71, with a turnover of HK$289 million.
Does CGN Power (HKG:1816) Deserve A Spot On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But as Peter Lynch said in One Up On Wall S
Changes in Hong Kong stocks | CGN (01816) rose more than 4% in the afternoon, operators are expected to benefit from accelerated nuclear power approval and steady profit growth
CGN Electric Power (01816) rose more than 4% in the afternoon. As of press release, it was up 3.91% to HK$4.25, with a turnover of HK$667 million.
Hengjian Investment, a shareholder of CGN Power (01816), obtained a letter of no objection from the Shenzhen Stock Exchange regarding its intention to issue exchangeable corporate bonds privately
CGN Power (01816) issued an announcement. The company recently received Guangdong Hengjian Investment Holdings, a shareholder holding more than 5% of the company's shares...
CGN POWER: 2023 ANNUAL REPORT
Shenwan Hongyuan: Electricity consumption growth picked up in January-February, demand for new energy sources was effectively released
The Zhitong Finance App learned that Shen Wan Hongyuan released a research report stating that according to data released by the National Bureau of Statistics, from January to February 2024, the electricity consumption of the entire national society was 1531.5 billion kilowatt-hours, an increase of 10.95% over the previous year, and the previous value was 2.3%. Among them, the electricity consumption of primary, secondary, tertiary, and residents grew at a year-on-year rate of 11.11%, 9.73%, 15.66%, and 10.51%. The previous values were 6.20%, 2.88%, -0.16%, and 2.75%. Electricity consumption in the primary sector continues to grow thanks to the continuous increase in the level of electrification in rural areas. In terms of secondary and tertiary industries, new energy
CGN Power Logs Rise in Q1 Power Output
CGN Power (HKG:1816) recorded total power generation of approximately 55,079.85 gigawatt-hours from nuclear power generating units in the first quarter of 2024, up 0.39% year over year, a Tuesday fili
CGN Power (01816.HK) will hold a board meeting on April 24 to approve the first quarter results
Gelonghui, April 9, 丨 CGN Power (01816.HK) announced that the company will hold a board meeting on April 24, 2024. The agenda includes reviewing and approving the first quarter results of the company and its subsidiaries for the three months ended March 31, 2024 and related announcements.
CGN POWER: DATE OF BOARD MEETING
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