FilingReader Intelligence
Southern Power Grid Energy Storage reports strong mid-year growth
July 15, 2025 at 08:30 AM UTC•By FilingReader AI
Southern Power Grid Energy Storage Company Limited reported operating revenue of CNY 3.28 billion for H1 2025, up 12.77% year-on-year, with net profit rising 28.06% to CNY 801.95 million.
Growth was driven by increased water inflow at peak-shaving hydropower plants and the new Yunnan Qiubei Energy Storage Power Station, which helped boost new energy storage revenue by 28.87%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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SSE:600995•Shanghai Stock Exchange
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