HUADIAN POWER (01071) announced its interim results for the six months ended June 30, 2025. The group achieved total operating revenue of RMB 59.953 billion, representing a year-on-year decrease of 8.98%. Net profit attributable to shareholders reached RMB 3.904 billion, up 13.15% year-on-year. Basic earnings per share stood at RMB 0.33, with a proposed interim dividend of RMB 0.09 per share (pre-tax).

During the reporting period, the decrease in operating revenue was primarily attributable to reduced power generation, declining electricity prices, and optimization of the coal trading business model.

In the reporting period, the group completed power generation of approximately 120.62 million MWh, down approximately 6.41% compared to the restated prior-year figures. Grid-connected electricity generation totaled 113.29 million MWh, declining approximately 6.46% compared to the restated prior-year data.

The group's power generation units achieved average utilization hours of 1,595 hours, down approximately 115 hours compared to the restated prior-year figures. Among these, coal-fired power generation units recorded utilization hours of 1,815 hours, down approximately 182 hours compared to the restated prior-year data. Gas-fired power generation units achieved utilization hours of 973 hours, down approximately 32 hours compared to the restated prior-year figures. Hydro power generation units recorded utilization hours of 1,593 hours, up approximately 237 hours compared to the restated prior-year data.

Coal consumption for power supply was 280.05 grams per kWh, significantly outperforming the national average. The grid electricity price averaged RMB 516.80 per MWh, down approximately 1.44% compared to the restated prior-year data. The unit price of standard coal for furnaces was RMB 850.74 per ton, down approximately 12.98% compared to the restated prior-year figures.