HUADIAN POWER (01071) has released its interim results for the 2026 fiscal year, with operating revenue reaching approximately RMB 54.264 billion, a decrease of about 9.49% year-on-year.
Net profit attributable to shareholders of the listed company stood at around RMB 3.105 billion, reflecting a decline of roughly 20.47% compared to the same period last year. Basic earnings per share were approximately RMB 0.25, and an interim dividend of RMB 0.09 per share (pre-tax) has been declared.
According to the company's announcement, the drop in revenue was primarily driven by reduced electricity generation output. During the reporting period, the group recorded total power generation of approximately 108 million megawatt-hours, down about 10.65% year-on-year, while on-grid electricity volume reached roughly 101 million megawatt-hours, a decrease of approximately 10.82% from the prior-year period.
The average utilization hours for the group's generating units stood at 1,382 hours, with coal-fired units at 1,639 hours, gas-fired units at 732 hours, and hydroelectric units at 1,398 hours. The coal consumption rate for power supply was 286.40 grams per kilowatt-hour, significantly outperforming the national average level.
The on-grid electricity price was RMB 517.78 per megawatt-hour, an increase of approximately RMB 0.99 per megawatt-hour year-on-year, representing a growth of about 0.19%. Meanwhile, the standard coal price for feed coal was RMB 833.75 per tonne, down approximately 2.00% from the same period last year.