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CGN Power Co.,Ltd. (003816.SZ): The region where the company is located supports the full and maximum output of Nuclear Power.
On April 3rd, Gelonghui reported that CGN Power Co.,Ltd. (003816.SZ) stated on the interactive platform that the Industry the company belongs to is Electrical Utilities, and its main Business is the construction, Operation and management of Nuclear Power plants, the sale of electricity from Nuclear Power plants, and organizing the development of design and scientific research work for Nuclear Power plants. As a stable, efficient, clean, and low-carbon baseload power source, nuclear energy is widely recognized. The area where the company is located also supports the large-scale and full-capacity generation of Nuclear Power. The company will continue to ensure the safe and stable running of operating units, the high-quality construction of units under construction, explore comprehensive utilization of nuclear energy, strive to maintain stable Operation performance, promote sustainable development of the company, and provide long-term stability for Shareholders and other stakeholders.
Electricity Prices In Asia Projected To Rise Modestly In 2025: BMI
CGN Power Co., Ltd. (HKG:1816) Just Released Its Annual Results And Analysts Are Updating Their Estimates
Citigroup: Maintains CGN POWER (01816) 'Neutral' rating, lowers Target Price to HKD 2.7.
Citigroup predicts that CGN POWER's profits will decline in the fiscal year 2025.
Research Reports Gold Mining | China Merchants: CGN Power Co.,Ltd. has a high certainty of performance growth in the medium to long term, maintaining a "Shareholding" rating.
China Merchants Research Reports indicate that CGN Power Co.,Ltd. (003816.SZ) achieved annual revenue of 86.804 billion yuan, +5.16% year-on-year; the Net income attributable to the parent company was 10.814 billion yuan, +0.83% year-on-year. Revenue performance showed steady growth, meeting expectations. Nuclear Power prices and costs remained relatively stable, with performance growth primarily depending on installed capacity growth. The company's ongoing projects are progressing steadily, with adequate project reserves. Under strong national support for Nuclear Power development, the company is expected to be approved for 2-4 units each year, and as the Hualong One is built on a large scale, there is room for cost reduction; expectations for asset injection from the parent company are strong, indicating potential performance growth in the medium to long term.
CGN Power's 2024 Net Profit Inches Up
