DATANG POWER (00991) announced its interim results for the six months ended June 30, 2025. The group recorded operating revenue of RMB 57.193 billion, down 1.9% year-on-year. Net profit attributable to equity holders of the company reached approximately RMB 4.874 billion, representing a 50.3% increase compared to the same period last year. Earnings per share stood at RMB 0.2215, with a proposed interim dividend of RMB 0.055 per share. The company achieved record-breaking operating performance.
The company focused on the "five precision" philosophy, scientifically predicting trends in coal prices, electricity prices, power generation volume, and interest rates. By implementing measures to reduce and control coal prices, maximize profitable power generation, and lower interest rates, the company created an upgraded version of quality improvement and efficiency enhancement. It expanded and upgraded the "1+9" cost leadership initiative, comprehensively reducing various costs, and taking concrete actions to strengthen and expand state-owned capital and enterprises, effectively fulfilling the significant mission of playing a strategic supporting role for the state-owned economy.
In the first half of the year, the company's overall operating situation continued to improve, achieving a total pre-tax profit of approximately RMB 7.671 billion, up about 37.92% year-on-year, setting a new historical high for the same period.
Safety and supply assurance remained robust. The company firmly shouldered its responsibilities for safe production and energy supply security, continuously improving its inherent safety level and supply capacity. Through comprehensive and strict management controls, the company organized year-round production and infrastructure supervision work, fortifying safety production defenses and taking primary responsibility. It successfully completed supply security tasks during important periods including the "Two Festivals and Two Sessions," winter peak demand, and the "Asian Winter Games," achieving phased success in summer peak demand management, demonstrating the role of central energy and power enterprises as pillars and stabilizers.
High-quality development accelerated. The company fully implemented new development concepts, with strategic emerging industries led by new energy developing rapidly, and traditional industry upgrades achieving positive results. In the first half of 2025, the company obtained approvals for 66 preliminary projects with a total capacity of 4,562.823 MW; capacity under construction reached 9,195 MW; newly added installed capacity totaled 1,777.45 MW, of which clean energy accounted for 1,117.45 MW. The company's low-carbon clean energy installed capacity ratio further increased to 40.87%, up 0.5 percentage points from the end of 2024.