GD Power Development (SHA:600795) posted 2024 net profit attributable to shareholders of 9.83 billion yuan, up 75% from 5.61 billion yuan the previous year.
Earnings per share rose to 0.551 yuan from 0.314 yuan, according to a filing with the Shanghai bourse.
The energy company's revenue slipped 1% year over year to 179.2 billion yuan from 181.0 billion yuan.
GD Power Development declared a dividend of 0.11 yuan per share.