China Longyuan Power Group Corp Ltd Class H

00916: XHKG (HKG)
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China Longyuan Earnings: Weak Results as Expected; Valuation Intact

China Longyuan's first-half net profit was down 14% year over year, mainly attributable to a lower average tariff, reduced wind resources, increased operating costs, and the disposal of its coal power segment. The firm announced its first interim dividend of CNY 0.10 per share.

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