CGN NEW ENERGY (01811) has released its annual results for the period ending December 31, 2025. The group reported revenue of US$1.6928 billion, representing a decrease of 13.2% compared to the previous year. Profit attributable to equity shareholders was US$275.9 million, marking an increase of 11.2% year-on-year. Earnings per share stood at 6.43 US cents. The board has proposed a final dividend of 1.61 US cents per share.

According to the announcement, in 2025, revenue from wind power projects in China decreased by 5.1% compared to the previous year, primarily due to a reduction in electricity prices. Revenue from coal-fired, cogeneration, and gas-fired projects in China fell by 70.1% year-on-year, mainly attributed to the sale of a cogeneration project in March 2025. Revenue from South Korea declined by 20.1% compared to the previous year, chiefly due to a decrease in the weighted average electricity price and a reduction in power generation volume from gas-fired projects in the country.