"Profit Alert" Datang Power forecasts a full-year net profit increase of at least 51% to 6.8 billion RMB

Datang Power (00991.HK) issued a profit warning, under Chinese accounting standards, it is expected that the net profit for the fiscal year 2025 will be between 6.8 billion and 7.8 billion RMB, an increase of 51%-73% compared to the previous year. During the year, the company effectively promoted significant improvements in operating performance through lean management. It effectively transmitted the cost benefits brought by the decline in market coal prices, significantly enhancing the profitability of its core thermal power business; the power generation from new energy sources achieved a substantial increase, continuously contributing to profits; and it optimized its debt structure and reduced financing costs, achieving effective savings in financial expenses