China Power International Development ( (HK:2380) ) has issued an update.
China Power International Development Limited announced that its subsidiary, Wu Ling Power Corporation, has released its preliminary unaudited financial results for the first quarter of 2025. Wu Ling Power reported a revenue of RMB 1.6 billion and a net profit of RMB 907 million, highlighting its financial performance amidst the issuance of a RMB 4 billion asset guaranteed debt financing instrument. These figures, however, are specific to Wu Ling Power and do not reflect the overall financial status of the parent company, urging investors to exercise caution.
More about China Power International Development
China Power International Development Limited is a Hong Kong-incorporated company operating in the energy sector. It primarily focuses on power generation and related services, with a significant market presence in the People’s Republic of China.
YTD Price Performance: 3.42%
Technical Sentiment Signal: Buy
Current Market Cap: $4.86B
See more data about 2380 stock on TipRanks’ Stock Analysis page.