CONCORD NE (00182) announced its annual performance, with a net profit attributable to shareholders of 805 million Hong Kong dollars. It plans to declare a final dividend of 0.035 Hong Kong dollars per share.

date
27/02/2025
avatar
GMT Eight
CONCORD NE (00182) released its annual performance for the year ending on December 31, 2024, with a revenue of 2.752 billion yuan (RMB, the same below), an increase of 6.31% year-on-year; shareholders' net profit was 805 million yuan; earnings per share was 10.06 cents, proposing to pay a final dividend of 0.035 Hong Kong dollars per share. In 2024, the Group overcame various adverse factors in the industry and steadily promoted its business to achieve steady development. The Group's equity installed capacity, equity power generation, and revenue from continued operations all saw growth, while the cost per kilowatt-hour continued to decrease, and the financing structure kept improving. As of December 31, 2024, the Group's net assets were 8.906 billion yuan (December 31, 2023: 8.435 billion yuan), with a net asset value per share of 1.09 yuan (December 31, 2023: 1.02 yuan).

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