HK Stock Market Move | DATANG POWER (00991) falls over 3%; net profit attributable to shareholders for the first three quarters approximately RMB6.388 billion; average on-grid tariff down approximately 1.53% year-on-year.

DATANG POWER (00991) fell over 3%, down 3.44% as of press time to HK$2.525, with turnover of HK$67.9674 million. On the news front, on October 29, DATANG POWER announced its results for the first three quarters of 2026, with operating revenue of approximately RMB89.935 billion, up 0.66% year-on-year; net profit attributable to shareholders of the listed company of approximately RMB6.388 billion, down 4.83% year-on-year; and basic earnings per share of RMB0.3022. Recently, DATANG POWER disclosed its third-quarter operating data. As of September 30, 2026, the company and its subsidiaries had completed cumulative on-grid electricity sales of approximately 208.7398 billion kWh, up approximately 1.21% year-on-year. The average on-grid tariff was approximately RMB423.61/MWh (tax inclusive), down approximately 1.53% year-on-year. The main reasons for the change in the company's on-grid electricity sales in the first three quarters of 2026 were the increase in electricity consumption; growth in installed capacity of gas-fired power and new energy; and better water inflows in Chongqing and Yunnan than in the same period last year. In addition, the company's on-grid electricity sales from gas-fired power, hydropower, and new energy increased year-on-year, with overall electricity sales exceeding the same period last year.