Movement Alert｜CGN POWER Intraday Rise 3.48% in Regular Trading, Q3 profit and revenue increased

Market Focus10-29 09:36

On October 29, CGN POWER rose 3.48% in Regular Trading, trading at HK$3.405, with turnover of HK$17.59 million.

The move followed the company’s latest third-quarter results released on October 28, which showed profit attributable to shareholders of 3.50 billion yuan, up from 2.57 billion yuan a year earlier, while quarterly operating revenue rose to 19.6 billion yuan from 16.8 billion yuan.

For the first nine months, revenue reached 51.10 billion yuan, up 3.98%, and attributable net profit was 9.60 billion yuan, up 12.75%. The company said earnings growth was mainly driven by the commercial operation of Huizhou Units 1 and 2 and Cangnan Unit 1, while operating cash flow increased 19.00% to 26.57 billion yuan.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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