China Resources Power reports lower profit: what it means for China Resources Power stock

Published on 10/07/2026 at 07:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit fell 15.50 percent to HKD 6.65 billion in the first half of 2026. For China Resources Power stock, interim dividend was HKD 0.32.

China Resources Power, HK0836012952, Illustration mit AI erstellt.

China Resources Power (HK0836012952) reported HKD 6.65 billion in profit attributable to owners for the first half of 2026, down 15.50 percent from the prior-year period. FilingReader reported the interim figures on September 24, 2026, including revenue growth and the dividend declaration.

Profit falls as revenue expands

Revenue reached HKD 54.98 billion in the first half of 2026, an increase of 9.40 percent year over year. Basic earnings per share fell to HKD 1.28 from HKD 1.52, while the board declared an interim dividend of HKD 0.321 per share.

The comparison points to a clear earnings squeeze rather than a demand collapse. Higher operating expenses reached HKD 45.93 billion, including HKD 26.03 billion in fuel costs and HKD 10.60 billion in depreciation charges, according to FilingReader.

Renewables provide the operating counterweight

China Resources Power generated 120,436,401 MWh in the first eight months of 2026, up 12.80 percent year over year. Renewable capacity accounted for 45,974 MW of the group's 88,944 MW of total subsidiary grid-connected capacity, or 51.70 percent.

The August operating update added a more constructive volume signal. Net generation from subsidiary power plants rose 2.90 percent year over year to 22,628,047 MWh, while wind generation increased 17.30 percent and photovoltaic generation climbed 26.40 percent, MarketScreener reported on September 17, 2026.

Stock valuation remains tied to execution

China Resources Power was last at HKD 19.79 on the Hong Kong Stock Exchange on October 7, 2026 at 11:54 a.m. HKT. Its market capitalization was HKD 102.5 billion, while the 52-week range stood at HKD 16.59 to HKD 22.16.

MarketScreener listed an average target of HKD 21.01 from 16 analysts on September 17, 2026, with a consensus rating of Outperform. That view leaves execution in renewable projects and the recovery of earnings margins as the key factors separating volume growth from profit growth.

Prior close sets the euro reference

The prior close at Lang & Schwarz was EUR 2.22 for October 5, 2026. The Hong Kong quotation and the euro reference are separate market values, so the reported daily move in Hong Kong is not used as the euro stock change.

The further course of trading is shown by the continuously updated real-time quote of China Resources Power stock.