GD Power Development's Attributable Profit Slides 18% in H1

MT Newswires Live11:10

GD Power Development's (SHA:600795) attributable profit fell 18% to 3.01 billion yuan in the first half from 3.69 billion yuan in the year-ago period, according to a Tuesday filing with the Shanghai Stock Exchange.

Earnings per share at the power producer decreased to 0.169 yuan from 0.207 yuan in the prior-year period.

Operating revenue grew 1.8% year over year to 79.0 billion yuan from 77.7 billion yuan.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment