Gelonghui, November 12 | Changjiang Securities' research reports indicate that the abundant water inflow and high electricity generation has led to steady revenue growth for sdic power holdings (600886.SH) in the third quarter. Since the second half of the year, the water inflow in the Yalong River basin has remained abundant, and the company's hydroelectric power generation completed 37.024 billion kWh in the third quarter, an increase of 22.64% year-on-year. Compared to the same period last year, the company added the Qinzhou Phase II thermal power project in the third quarter, and the installed capacity of the new energy fund also showed year-on-year growth, resulting in an increase in depreciation and operating costs. As a result, the company's gross profit in the third quarter was 7.165 billion yuan, a year-on-year increase of 0.67%. The gross profit from hydroelectric power is expected to increase year-on-year, while the gross profit from thermal power and new energy is expected to decline year-on-year. The company has introduced social security to increase dividends, demonstrating its long-term exceptional value. The rating is maintained at "buy."
研报掘金丨长江证券:维持国投电力“买入”评级,水电电量高增主导营收
Research reports Discovery | Changjiang Securities: Maintaining a "buy" rating on sdic power holdings, with hydropower electricity volume driving high revenue growth.
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