Business

China's CGN Power hits 2-week low as Q1 profit falls

China's CGN Power hits 2-week low as Q1 profit falls

Cgn Power Co., Ltd. Class AApril 23, 20254
China's CGN Power hits 2-week low as Q1 profit falls

About this update from Cgn Power Co., Ltd. Class A

** Hong Kong shares of CGN Power SZSE:003816 fall 3.6% to HK$2.44, their lowest since April 9** Shenzhen-listed stock SZSE:003816 slips 1.4% to 3.53 yuan, lowest since April 11** Electricity producer's Q1 net profit falls 16.1% y/y to 3.03 bln yuan ($415.33 mln)** Hang Seng Composite Index tracking energy stocks (.HSCIE) eases 0.8%, Hang Seng Index HSI:HSI falls 1%** YTD, Hong Kong stock down 14.4%, Shenzhen shares down 14%($1 = 7.2954 Chinese yuan renminbi)

View stock analysis, news, and events for Cgn Power Co., Ltd. Class A