Business

Sichuan New Energy Power Company: Lithium revenue soared 197% as new capacity ramped up, offsetting wind/solar declines

Sichuan New Energy Power Company: Lithium revenue soared 197% as new capacity ramped up, offsetting wind/solar declines

Sichuan New Energy Power Co., Ltd. Class AApril 10, 20263
Sichuan New Energy Power Company: Lithium revenue soared 197% as new capacity ramped up, offsetting wind/solar declines

About this update from Sichuan New Energy Power Co., Ltd. Class A

Revenue rose 17.83% year-over-year to ¥3.60 billion, led by lithium business growth, but net profit fell 30.87% due to lower wind/solar profits and higher impairments. Lithium segment revenue surged 197.1% as new capacity came online, while wind/solar output dropped over 20% amid grid and market challenges.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Sichuan New Energy Power Co., Ltd. Class A