FilingReader Intelligence

MengDian HuaNeng profit falls 12% on energy transition

July 30, 2025 at 08:03 AM UTCBy FilingReader AI

Inner Mongolia MengDian HuaNeng Thermal Power Corp reported net profit fell 11.91% to 155.7m yuan as new energy generation reduced thermal power utilization.

Revenue dropped 8.75% to 982.7m yuan while power generation declined 14.58% to 24.3 billion kWh. Coal production rose 1.74% to 6.9m tons though selling prices fell due to lower thermal value.

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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