CGN Power Reports Interim Results with 2.7% Net Profit Growth Amid Revenue Dip

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Yesterday

CGN Power (01816) has released its interim results for the 2026 fiscal year, recording a slight decline in revenue while achieving growth in net profit attributable to shareholders. The company posted operating revenue of approximately RMB 31.483 billion, marking a 2.8% decrease compared to the same period last year. Meanwhile, net profit attributable to owners of the parent reached around RMB 6.105 billion, reflecting a 2.7% year-on-year increase.

Earnings per share stood at RMB 0.121 for the reporting period. As of June 30, 2026, the group managed a total of 30 nuclear power units in operation, with an installed capacity of 34,248 megawatts. The on-grid electricity volume reached 109.597 billion kilowatt-hours, down 3.32% from the same period in 2025. This output is equivalent to a reduction of approximately 101.2677 million tonnes of carbon dioxide emissions when compared to coal-fired power generation.

Among the group's operations, its subsidiary companies contributed on-grid electricity of 87.254 billion kilowatt-hours, representing a 2.25% decrease from the corresponding period in 2025. The performance highlights the company's continued focus on operational efficiency despite a softer revenue environment.

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