Datang Power Generation (00991) announced interim results. Net profit of 5.815 billion yuan to mother increased 19.32% year over year

Zhitongcaijing · 2d ago

According to the Zhitong Finance App, Datang Power Generation (00991) announced interim results for the six months ended June 30, 2026. The group achieved operating revenue of 58.418 billion yuan, an increase of 2.14% over the previous year; net profit attributable to the company's equity holders was about 5.815 billion yuan, an increase of 19.32% year on year; profit per share was 0.2,845 yuan, and an interim dividend of 0.068 yuan per share was planned.

Strong foundation, strong company guarantee level. Adhering to the bottom line thinking, strengthening penetrating supervision, and continuously supplying energy and electricity, normalizing the investigation and treatment of hidden hazards and special equipment remediation around peak winter, peak summer and important political power preservation periods, coordinating electricity and coal distribution, and establishing a basic safety inventory system, the company successfully completed the insurance and supply tasks for the first half of the year, highlighting the “pillar” style of central power enterprises.

Withstanding the pressure, the company's operating performance is progressing steadily. In an unfavorable situation where there are many “variables” in market operating conditions, the company deepened lean management, insisted on marketing as the lead, fuel as the starting point, and policy as the guide, and made every effort to expand operating results. The total profit before tax was 8.715 billion yuan, an increase of 13.61% over the previous year, and the operating performance once again reached the best level in the same period in the company's history.

With concerted efforts, the company's green transformation has steadily improved its quality. Improve the development working mechanism, solidly carry out the “Harness the Wind and Embrace the Light” campaign, accelerate the layout of strategic emerging industries, and continue to improve development quality and efficiency. In the first half of 2026, the company's clean energy installed capacity reached 37,177.765 megawatts, accounting for 43.27% of the total installed capacity, and the green background for the company's transformation and development is even stronger.

Due to thorough cultivation, the company's financing costs have continued to decline. The company continues to advance cost leadership initiatives in depth, vigorously promote the expansion of low-cost financing channels, effectively reduce financing costs, continue to lead the industry in terms of coupon interest rates, and provide stable support for the company's high-quality development. The comprehensive financing cost was 2.28%, a year-on-year pressure drop of 15 BPs, a decrease of 5 BPs compared to the beginning of the year, and the effectiveness of financing cost reduction reached the best level in the same period in history.