An announcement from CGN New Energy Holdings Co., Ltd. ( ($HK:1811) ) is now available.
CGN New Energy Holdings Co., Ltd. reported a 13.6% decrease in total power generation for December 2024 compared to the same month in the previous year, amounting to 1,465.6 GWh. While there was a notable increase in solar and hydro power generation, wind, cogen, gas-fired, and Korea-based projects saw declines. For the entire year, the company experienced a marginal increase in power generation by 0.4%, reflecting mixed results across different energy segments. These fluctuations depict the company’s adaptation to varying environmental conditions and market demands, highlighting areas of growth potential and operational challenges.
More about CGN New Energy Holdings Co., Ltd.
CGN New Energy Holdings Co., Ltd. is a company incorporated in Bermuda, primarily focusing on the energy sector. The company and its subsidiaries are engaged in power generation, with a diversified portfolio that includes wind, solar, cogen, gas-fired, hydro, and biomass projects, operating primarily within the People’s Republic of China and Korea.
YTD Price Performance: -7.53%
Average Trading Volume: 6,684,027
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$9.48B
Find detailed analytics on 1811 stock on TipRanks’ Stock Analysis page.
