HK Stock Market Move | CGN NEW ENERGY (01811) fell more than 5% after the performance announcement, with mid-term net profit attributable to equity shareholders decreasing by 10.86% to 1.64 billion US dollars.

After the performance, CGN NEW ENERGY (01811) fell by more than 5%, and as of the time of writing, it has fallen by 4.76%, closing at HK$2.4, with a turnover of HK$35.3425 million. On the news front, on August 19, CGN NEW ENERGY released its interim results for the six months ended June 30, 2025. The revenue was $857 million, a decrease of 12.8% year-on-year; net profit attributable to equity shareholders was $164 million, a decrease of 10.86% year-on-year; and basic earnings per share were 3.81 US cents. The announcement stated that the decrease in revenue was mainly due to a decrease in electricity prices and generation capacity for the Korean project, as well as a decrease in electricity generation and steam sales after selling a cogeneration project in China in March 2025.