Shenzhen Energy: A &Nbsp Increase In The First Half Of The Year; Buy Rating.

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Revenue was 6 billion 137 million yuan, an increase of 44.5% over the same period last year. At the same time, the net profit attributable to the parent company owners was 876 million yuan, down 15.86% compared to the same period last year.

increase

The main reason lies in the following: first, in the first half of the year, the Western electricity pmission in Guangdong and Yunnan Province dropped significantly or even occurred in the first half of the year, resulting in a sharp increase in electricity consumption; second, the economic recovery prompted the demand for electricity to rise; third, the capacity and time of the main coal-fired power plants increased compared with the same period last year. The #2 unit of the Heyuan power plant (600 thousand kilowatts) began to put into operation in the second half of last year and contributed to the growth of power generation.

The net profit attributable to parent owners decreased by 15.86% over the same period last year was mainly due to a significant decrease in investment income in the first half of last year.

development direction

It is clear that garbage power generation, wind power, nuclear power, LNG clean energy, ultra supercritical and high efficiency thermal power projects and other emerging energy projects meet the requirements of national industrial revitalization planning.

The company's new projects will mainly focus on low carbon energy projects in the future. This year, there will be a total of 569 thousand and 500 kilowatts of units including Garner Ann solid, Manchuria wind power, Tongliao Yi and rata wind power plants, and other large scale emerging energy projects such as Eastern garbage power plants, coastal ultra supercritical coal-fired power plants and Lingao nuclear power three phase are being actively built.