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Electricity Prices In Asia Projected To Rise Modestly In 2025: BMI
Datang International Power Generation (HKG:991) Is Posting Promising Earnings But The Good News Doesn't Stop There
[Brokerage Focus] CSC: With the introduction of the new green certificate policy, the environmental value of green electricity is expected to accelerate realization.
Jinwu Finance News | CSC Research Reports state that recently, data released by the National Bureau of Statistics and the National Energy Administration shows that from January to February, the industrial power generation of large-scale enterprises reached 1492.1 billion kWh, a year-on-year decrease of 1.3%. Looking at the upstream Coal production situation, from January to February, the raw coal output of large-scale industrial enterprises was 0.77 billion tons, an increase of 7.7% year-on-year, with the growth rate accelerating by 3.5 percentage points compared to December 2024. Overall, with a stable growth trend in raw coal production, it is expected that Thermal Coal prices will likely maintain a downward trend, and the profitability of thermal power generation is expected to remain stable. The bank indicated that recently, the National Energy Administration issued a document on promoting.
Research Reports Gold Digging丨China Securities Co.,Ltd.: Datang International Power Generation's thermal power profits continue to improve, maintaining a "Buy" rating.
The CSC Research Report indicates that Datang International Power Generation (601991.SH) is expected to have a net income of 4.506 billion yuan in 2024, with a year-on-year increase of 229.70%; this growth in net income is mainly due to the decrease in coal power costs which has improved thermal power profits and the increase in water flow that has enhanced hydropower profits. Currently, the supply and demand situation for Thermal Coal is overall relaxed, and the increase in Wind Power electricity generation is putting pressure on the demand for thermal power, leading to the expectation that coal prices are likely to maintain a downward trend. In this situation, despite a decrease in the electricity price for 2025, it is believed that the company's coal power profitability is still expected to be maintained. Additionally, the company is actively promoting the transition to green energy.
Datang International's Profit Soars 215% in 2024; Shares Down 5%
Express News | Datang Intnl Pwr Gen: Announcement on Resolutions of the Board of Directors and Change in the Member of the Strategic Development and Risk Control Committee
