Gelonghui, May 27 | Dongguan Securities Research Report pointed out that Huadian International (600027.SH)'s 24Q1 hydropower generation capacity grew faster year on year. Due to the year-on-year decrease in coal prices, the company's operating costs fell 7.41% year on year, thus contributing to the year-on-year increase in the company's net profit to mother. Q1's investment income was 1,148 billion yuan, a slight decrease over the previous year. The company is a shareholder in enterprises such as Yinxing Coal, Huadian Coal, and Huadian New Energy. As one of the first companies to participate in the development and operation of domestic new energy power generation business, Huadian New Energy has long been deeply involved in the field of new energy power generation. Along with the transformation of China's energy structure, Huadian New Energy is growing rapidly. The company's participation in Huadian New Energy will help seize opportunities for energy structure transformation. Maintain the company's “buy” rating.
研报掘金丨东莞证券：华电国际Q1水电发电量同比增速较快，维持“买入”评级
Research Report Nuggets丨Dongguan Securities: Huadian International's Q1 hydropower generation growth rate is relatively fast year-on-year, maintaining a “buy” rating
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