CGN Power (01816) announced its financial results for the first quarter of 2026. The company's operating revenue amounted to approximately RMB 16.319 billion, reflecting a 13.25% decrease compared to the same period last year, which has been restated. Total profit reached about RMB 4.985 billion, while net profit attributable to shareholders of the listed company was approximately RMB 2.741 billion. These figures represent declines of 14.86% and 9.33%, respectively, from the prior-year restated period. The primary reasons for the decrease include reduced on-grid electricity generation by certain subsidiaries and lower market electricity prices compared to the same period last year.