Longyuan Power's Output Slips in April

MT Newswires Live
05/11

China Longyuan Power (HKG:0916, SHE:001289) recorded power generation of 6.85 million megawatt-hours in April, down 0.8% from a year earlier, according to a May 8 Hong Kong bourse filing.

The power company's Hong Kong shares gained nearly 3% in Monday morning trade.

Wind power generation fell 6.7% year over year, while solar power output rose 31%.

For the first four months, power generation declined 1.9% to 26.67 million megawatt-hours. Of this, wind power output dropped 7.2%, and solar power generation climbed 33%.

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