Longyuan Power (00916.HK) released its first quarter results, with a net profit attributable to shareholders of 1.977 billion yuan, a decrease of 21.82% year-on-year.

Intelligence Finance APP News, Longyuan Power (00916.HK) released its performance for the three months ending March 31, 2025. The group's revenue was 8.14 billion yuan, a 0.92% increase from the same period last year. Among them, the revenue of the wind power division was 7.368 billion yuan, a decrease of 1.89% from the same period last year, the revenue of the photovoltaic division was 0.715 billion yuan, an increase of 43.09% from the same period last year, and the revenue of other divisions was 0.057 billion yuan, an increase of 1.03% from the same period last year. Net profit attributable to company equity holders was 1.977 billion yuan, a decrease of 21.82% from the same period last year.