Three Gorges Energy: Net profit in 2025 is 3.669 billion yuan, a year-on-year decrease of 39.94%.

Three Gorges Energy released its performance report, with total operating revenue of 28.399 billion yuan in 2025, a year-on-year decrease of 4.43%. Net profit was 3.669 billion yuan, a year-on-year decrease of 39.94%. Due to factors such as changes in the regional consumption situation, the electricity generation volume was lower than expected; affected by the market environment, the average on-grid electricity price decreased year-on-year; based on the principle of caution, the company increased the provision for impairment of certain equity investments, fixed assets, goodwill and other long-term assets compared to the previous year.