Guangdong Electric Power Development Falls to Q1 Loss as Revenue Declines 17%

MT NewswiresMay 1 18:22

Guangdong Electric Power Development (000539): The decline in electricity prices has dragged down performance, while cost reductions await profit recovery.

The company released the annual report for 2024 and the quarterly report for the first quarter of 2025. In 2024, the company achieved revenue of 57.159 billion yuan, a year-on-year decrease of 4.27%; the net income attributable to shareholders was 0.964 billion yuan, a year-on-year decrease of 1.07%.

Guosheng SecuritiesMay 1 00:00

Guangdong Electric Power A: Report for the first quarter of 2025

SZSIApr 30 00:00 · Announcements

Guangdong Electrical Utilities A (000539.SZ): A net loss of 0.383 billion yuan in the first quarter.

On April 29, Gelonghui reported that Guangdong Electric A (000539.SZ) released its Q1 2025 report, which revealed a revenue of 10.573 billion yuan, a year-on-year decrease of 17.33%; the Net income attributable to the shareholders of the listed company was -0.383 billion yuan, and the Net income attributable to the shareholders of the listed company, after deducting non-recurring gains and losses, was -0.417 billion yuan, with an EPS of -0.0729 yuan.

Gelonghui FinanceApr 29 21:44

Guangdong Electric Utilities A (000539.SZ): In the first quarter, the cumulative consolidated generation capacity reached 25.292 billion kilowatt-hours, a year-on-year decrease of 10.32%.

On April 18, Gelonghui reported that Guangdong Electrical Utilities A (000539.SZ) announced that in the first quarter of 2025, the company achieved a total electricity generation of 25.292 billion kilowatt-hours on a consolidated basis, a year-on-year decrease of 10.32%; among this, coal power generated 18.053 billion kilowatt-hours, a year-on-year decrease of 15.71%, gas power generated 4.783 billion kilowatt-hours, a year-on-year increase of 2.49%, wind power generated 1.336 billion kilowatt-hours, a year-on-year decrease of 9.79%, photovoltaic generated 0.882 billion kilowatt-hours, a year-on-year increase of 111.00%, and hydropower generated 0.064 billion kilowatt-hours, a year-on-year increase of 4.92%, biomass.

Gelonghui FinanceApr 18 21:51

Guangdong Electric Power Development (000539): Performance meets expectations, waiting for profit reversal.

This report introduction: In 4Q24, the company's Electrical Utilities business volume increased while prices fell, and Asset impairments decreased year-on-year; benefiting from the central decline in coal prices, company costs are expected to improve, awaiting a profit reversal. Investment highlights: downgraded to a "cautious Shareholding" rating: considering 20.

GTJAApr 1 16:27