China Resources Power Holdings Co Ltd (0836.HK) saw its stock price plummet 5.19% during intraday trading, following the release of its first-half financial results for 2025. The significant drop in share value comes as the company reported a 16% year-on-year decline in attributable profit for the period ended June 30.

According to the company's filing with the Hong Kong Stock Exchange, China Resources Power's attributable profit for the first half of 2025 fell to HK$7.87 billion, down from HK$9.36 billion in the same period last year. The power generator's turnover also decreased by 2% year-on-year to HK$50.27 billion, slightly beating analysts' expectations of HK$47.68 billion as estimated by Visible Alpha. The company's basic earnings per share declined to HK$0.356 from HK$0.455 in the prior year.

Despite the profit decline, China Resources Power declared an interim dividend of HK$0.356 per share, payable on October 30 to shareholders of record on September 17. Looking ahead, the company announced ambitious plans for 2025, aiming to achieve an additional 10,000 MW of newly grid-connected installed capacity. To support this expansion, China Resources Power expects its capital expenditure for 2025 to be approximately HK$56,800 million. The company also stated that project construction and grid connection will proceed steadily as planned in the second half of the year, signaling its commitment to long-term growth despite the current financial headwinds.