China Southern Power Grid Energy Storage's Profit Rises 11%, Operating Income Up 10% in 2024

MT Newswires Live
2025/03/10

China Southern Power Grid Energy Storage's (SHA:600995) net profit attributable in 2024 to shareholders rose 11% year on year to 1.13 billion yuan from 1.01 billion yuan, according to a Shanghai Stock Exchange disclosure on Saturday.

Earnings per share increased 9.4% to 0.35 yuan from 0.32 yuan in the previous year.

The Chinese power company earned a total operating income of 6.17 billion yuan in the same period, up 9.7% from 5.63 billion yuan a year earlier, the disclosure said.

The company's shares fell less than 2% in recent trade.

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