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2026-04-01 00:31:04 LONGYUAN POWER (00916.HK) announced its 2025 annual results, reporting revenue of RMB30.253 billion, a year-on-year decrease of 18.6%. This decline was primarily due to a reduction in wind power on-grid tariffs and a decrease in average utilization hours, leading to reduced wind power sales revenue. The company recorded a net profit of RMB4.638 billion, a decrease of 27.9%, with an EPS of RMB0.5548. A final dividend of RMB0.0625 per share was declared. Excluding the impact of RMB504 million from the disposal of thermal power, the net profit for the year decreased by 21.8%, mainly due to a slight decline in revenue from new energy generation. However, operating costs increased with the growth in installed capacity, resulting in a decrease in operating profit. (de/d)~ AASTOCKS Financial News URL: www.aastocks.com | |