China Longyuan Power Group (916) Q1 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2026 earnings summary
29 Apr, 2026Executive summary
Revenue for Q1 2026 was RMB7,868 million, down 3.63% year-over-year.
Net profit attributable to equity holders was RMB1,700 million, a 14.27% decrease year-over-year.
Total power generation declined 2.29% to 19,821,127 MWh compared to Q1 2025.
Financial highlights
Operating profit for Q1 2026 was RMB3,284 million, down from RMB3,645 million in Q1 2025.
Profit before taxation was RMB2,508 million, compared to RMB2,865 million last year.
Net finance expenses were RMB804 million, slightly lower than RMB827 million in Q1 2025.
Income tax expense was RMB473 million, down from RMB520 million year-over-year.
Outlook and guidance
Decrease in wind resources in key regions impacted wind power utilization hours.
Solar power segment showed strong growth in both revenue and generation.
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