China Resources Power (HKG:0836) reported HK$7.87 billion in attributable profit for the first half ended June 30, down 16% from the HK$9.36 billion reported in the year-ago period, according to a Hong Kong bourse filing Thursday.

Basic earnings per share were HK$0.356, compared with HK$0.455 in the prior year.

Turnover fell 2% year-on-year to HK$50.27 billion, figures showed.

Analysts at Visible Alpha estimated HK$47.68 billion.

The company declared a dividend of HK$0.356 per share, payable Oct. 30 to shareholders of record on Sept. 17.