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Express News | Chongqing Three Gorges Water Conservancy and Electric Power establishes an energy service company in Henan, including battery sales business.
Chongqing Three Gorges Water Conservancy and Electric Power (600116): The limited water inflow restricts the self-generated power. The quarterly operational performance is under pressure.
The company released the third quarter report of 2024: In the third quarter of 2024, the company achieved revenue of 2.887 billion yuan, a year-on-year increase of 6.85%; achieving a net income attributable to the parent company of 0.154 billion yuan, a year-on-year decrease of 49.63%.
Chongqing Three Gorges' Q3 Profit Halves as Revenue Jumps 7%
Chongqing Three Gorges Hydropower (Group) Co., Ltd. 2024 Third Quarter Report
chongqing three gorges water conservancy and electric power (600116.SH): Subsidiaries plan to contribute 50 million yuan to participate in the establishment of the Qianjiang Xingcai Fund.
Gelonghui October 14 | Three Gorges Water Conservancy and Electric Power (600116.SH) announced that the 102nd general manager's office meeting of the 10th session held on October 14, 2024 approved the "Request for Setting up the Qianjiang Xingcai Fund and Joint Investment Related Trades by Wujiang Industry through Joint Venture", in order to further develop the Qianjiang regional electrical utilities market, coordinate with local economic development, and achieve investment income. The meeting agreed that the company's wholly-owned subsidiary Wujiang Industry will invest 50 million yuan to establish the Qianjiang Xingcai Fund jointly with other parties.
Chongqing Three Gorges Water Conservancy and Electric Power (600116.SH): The cumulative electricity generation for the first three quarters reached 1.91874 billion kilowatt-hours, a year-on-year increase of 0.13%.
Gelonghui October 14th | Chongqing Three Gorges Water Conservancy and Electric Power (600116.SH) announced that as of September 30, 2024, the company's wholly-owned and holding subsidiary hydropower stations have cumulatively generated 1.91874 billion kilowatt hours, a year-on-year increase of 0.13%; among them: Chongqing region 1.88844 billion kilowatt hours, a year-on-year decrease of 0.43%; Mangyahe Second Level Power Station in Yunnan region 0.0303 billion kilowatt hours, a year-on-year increase of 54.12%. The company's wholly-owned and holding subsidiary hydropower stations have accumulated a grid-connected power generation of 1.89733 billion kilowatt hours, a year-on-year increase of 0.13%; among them: Chongqing region 1
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