Cgn Power Co., Ltd. Class ASZSE: 003816

CGN POWER: Revenue up, profit down as CGN Power expands nuclear assets and prepares new bond issue

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

Q1 2025 revenue rose 4.41% to RMB20.03 billion, but net profit fell 16.07% due to lower power prices and higher R&D. The company acquired Taishan No. 2 Nuclear and plans a convertible bond issue, with a cash dividend proposed for 2024.

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