0735 GMT - China Resources Power's net profit and dividend per share likely peaked in 2025, say Citi analysts Pierre Lau and Bella Tian in a note. While its profit in 2025 slightly beat estimates, its earnings and dividend were likely to fall in 2026 thanks to narrower margins at its thermal-power business, they say. This business faces potentially higher coal costs due to the ongoing Middle East conflict, the analysts add. Citi retains its neutral rating and HK$19.00 target price on the stock, which is 2.85% higher at HK$19.50.(megan.cheah@wsj.com)
(END) Dow Jones Newswires
March 18, 2026 03:35 ET (07:35 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.