China Power Reports Soaring Profits in 2024
Company Announcements

China Power Reports Soaring Profits in 2024

China Power International Development (HK:2380) has released an update.

China Power International Development Limited has reported a significant increase in their 2024 interim results, with a 24.18% rise in revenue and an 80.10% surge in profit for the period. The company has seen a notable transformation in its business towards clean energy, with clean energy segments like wind and photovoltaic power driving profit growth by over 34%. This positive financial performance underlines the company’s progress towards becoming a leading green and low-carbon energy supplier.

For further insights into HK:2380 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskChina Power Mulls Major Asset Restructuring Deal
TipRanks HongKong Auto-Generated NewsdeskChina Power Reports Surge in Electricity Sales
TipRanks HongKong Auto-Generated NewsdeskChina Power Inks Major Wind Project Deal
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App