HK Stock Market Move | DATANG RENEW (01798) fell more than 13%, with annual net profit decreasing by 30% to 1.603 billion yuan.
Datang New Energy (01798) fell more than 13%, as of the time of writing, the stock has fallen by 12.9%, to 1.62 Hong Kong dollars, with a turnover of 67.4724 million Hong Kong dollars.
DATANG RENEW (01798) fell more than 13%, as of the time of writing, down 12.9% to HK$1.62, with a turnover of HK$67.4724 million.
On the news front, DATANG RENEW announced its performance for 2025, with operating income of approximately 12.577 billion yuan, a year-on-year increase of 0.01%; the net profit attributable to the parent company's owners is around 1.603 billion yuan, a year-on-year decrease of 32.59%. Earnings per share were 0.1666 yuan, with a final dividend of 0.03 yuan per share. In 2025, the group's electricity sales revenue was around 12.455 billion yuan, a year-on-year decrease of 0.07%, mainly due to the increase in electricity generation from new projects and the comprehensive impact of falling electricity prices.
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