Datang International Power Generation (991) H1 2026 earnings summary

Executive summary

• Operating revenue rose 2.14% year-over-year to RMB58,418 million for the first half of 2026.

• Net profit attributable to equity holders increased 19.32% year-over-year to RMB5,815 million.

• Basic earnings per share reached RMB0.2845, up RMB0.063 per share from the prior year period.

• The company achieved record highs in operational results, driven by quality upgrades, efficiency enhancements, and stable growth initiatives.

Financial highlights

• Total profit before tax was RMB8,715 million, up 13.61% year-over-year.

• Net profit for the period was RMB7,067 million, a 10.76% increase year-over-year.

• Revenue from electricity sales was RMB49,373 million, up 1.23% year-over-year.

• Total operating costs increased 0.81% to RMB48,657 million, mainly due to new generating units.

• Finance costs decreased 8.18% to RMB2,081 million, reflecting lower borrowing rates.

Outlook and guidance

• Focus on stabilizing operations, advancing green transition, boosting benefits, and mitigating risks in H2 2026.

• Plans to enhance production safety, optimize operational management, and accelerate new energy projects.

• Continued emphasis on cost control, especially in fuel supply and coal procurement.