Summary by Futu AI
China Datang Corporation New Energy Co., Ltd. (hereinafter referred to as "Datang New Energy") announced the unaudited interim performance for the six months ended June 30, 2024. The report shows that during this period, Datang New Energy's revenue was RMB 6.626 billion, a decrease of 5.02% compared to the same period in 2023; pre-tax profit was RMB 2.326 billion, a decrease of 14.71%; attributable profit to the owners of the parent company was RMB 1.765 billion, a decrease of 15.67%. The basic and diluted earnings per share were RMB 0.2111, a decrease from the same period last year. In addition, the company announced the distribution of an interim dividend of RMB 0.03 per share. During the reporting period, Datang New Energy's total assets were RMB 105.498 billion, with an asset-liability ratio of 64.70%. Management discussions and analysis pointed out that the company will continue to optimize grid connection processes, improve grid connection efficiency, and promote market-based trading of new energy to promote the growth of new energy generation capacity.
