Concord New Energy's June Power Output Rises 9.6%; Shares Slip 1%

MT Newswires Live
07 Jul

Concord New Energy (HKG:0182) reported a 9.6% year-on-year increase in attributable power generation output for June to 652.29 gigawatt-hours, according to a Friday Hong Kong bourse filing.

Shares of the company were down about 1% in Monday's recent trade.

Solar power output jumped 33.3% to 117.79 GWh, while wind generation rose 5.4% to 534.50 GWh.

For the January-June period, total output edged up 0.4% to 4,758.87 GWh, as a 27.8% gain in solar output offset a 2.6% decline in wind generation.

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