Datang Power Generation issued a performance pre-increase announcement for the first three quarters of 2023. The company expects to achieve net profit attributable to shareholders of listed companies in the first three quarters of 2023 of about 2.79 billion yuan to 2.89 billion yuan, an increase of about 265% to 278% over the same period last year.
It is estimated that the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses in the first three quarters of 2023 will be about 2.14 billion yuan to 2.24 billion yuan, an increase of about 633% to 668% over the same period of last year. The estimated increase in the results for
this period was mainly due to the following reasons: firstly, the fuel price and the unit fuel cost for power generation decreased as compared with the same period last year;
secondly, the Company continued to promote green and low-carbon transformation and development, and the installed capacity of new energy continued to increase, which led to a year-on-year increase in the overall power generation of the Company in the first three quarters, resulting in a year-on-year increase in profit.