China Longyuan Power Group Corp Ltd Class H

00916: XHKG (HKG)
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China Longyuan Earnings: Higher Average Wind Tariff a Positive Surprise; Shares Remain Attractive

China Longyuan’s 2024 net profit rose by 2% to CNY 6.4 billion. The average wind tariff also grew 2%, contrary to the declining trend observed among peers, due to a higher proportion of electricity sales from high-tariff projects.

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