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<Results> CGN POWER (01816.HK) 1Q Net Profit RMB2.741B, Down 9.3%
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CGN POWER (01816.HK) announced its first-quarter results. Under the China Accounting Standards, revenue was RMB16.319 billion, down 13.3% YoY. Net profit attributable to shareholders was RMB2.741 billion, down 9.3%, mainly due to a decrease in on-grid power generation of certain subsidiaries and a decline in market electricity tariffs. EPS was RMB0.054. (de/d)



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