Cgn Power Co., Ltd. Class ASZSE: 003816

CGN POWER: Net profit dropped 16.3% year-over-year amid stable revenue and higher power generation

· Issued by Cgn Power Co., Ltd. Class A

Operating revenue declined 0.5% and net profit attributable to shareholders fell 16.3% year-over-year, despite a 6.93% increase in on-grid power generation. The company strengthened its capital structure with a convertible bond issuance and maintained a strong liquidity position.

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