Datang International Power Generation (991) Q3 2025 earnings summary

Executive summary

• Net profit attributable to equity holders surged 51.48% year-over-year for the first nine months of 2025, driven by improved operating indicators and higher profitability.

• Operating revenue for the first three quarters reached RMB 89.34 billion, a slight decrease of 1.82% year-over-year.

• Basic and diluted EPS for the first three quarters rose 66.02% year-over-year to RMB 0.2990.

Financial highlights

• Total profit for the first three quarters increased 41.60% year-over-year to RMB 11.45 billion.

• Net cash flows from operating activities grew 34.53% year-over-year to RMB 29.72 billion.

• Owners' equity attributable to equity holders rose 18.72% from year-end 2024 to RMB 90.89 billion.

• Total assets at September 30, 2025, stood at RMB 324.0 billion, up 0.43% from year-end 2024.

Outlook and guidance

• Profit growth attributed to overall improvement in operating indicators and increased profitability, with positive trends expected to continue.