China Resources Electric (00836) announced interim results. Profit attributable to shareholders of HK$6.649 billion decreased 15.53% year-on-year

According to the Zhitong Finance App, China Resources Electric (00836) announced its 2026 interim results. The group achieved a turnover of HK$54,977 billion, up 9.37% year on year; profit attributable to company owners was HK$6.649 billion, a year-on-year decrease of 15.53%; basic profit per share was HK$1.28, and an interim dividend of HK$0.321 per share was planned.

At the end of June 2026, the Group managed a grid-connected installed capacity of 105,700 megawatts, of which the total grid-connected capacity for thermal power generation was 42,970 megawatts, accounting for 48.3%; the total installed capacity of wind power, photovoltaics and hydropower ancillary grid-connected installations reached 45,974 megawatts, accounting for 51.7%, up 0.9 percentage points from the end of 2025.

At the end of June 2026, the Group's wind power subsidiary grid-connected capacity was 29,495 megawatts, and the managed installed capacity under construction was 6,647 megawatts; the PV subsidiary grid-connected installed capacity was 16,008 megawatts, and the managed installed capacity under construction was 5,830 megawatts.

In the first half of 2026, the Group added 1,583 megawatts of grid-connected installed capacity for new energy projects, including 808 megawatts for wind power projects and 775 megawatts for photovoltaic projects.

In the first half of 2026, the electricity sales volume of subsidiary power plants was 120,436,401 megawatt-hours, up 12.8% from 106,777,416 megawatt-hours in the first half of 2025. Among them, the electricity sales volume of photovoltaic power plants and thermal power plants increased by 42.8% and 16.9% respectively compared to the first half of 2025; due to the decline in wind speed, the electricity sales volume of wind farms decreased by 3.2% compared to the first half of 2025.

In the first half of 2026, the average utilization hours of wind farms were 1,027 hours, down 241 hours or 19.0% from the first half of 2025, exceeding the national average utilization time of wind turbines by 110 hours. The average utilization time of photovoltaic power plants was 581 hours, down 95 hours or 14.1% from the first half of 2025, exceeding the national average utilization time of photovoltaic power plants by 54 hours. The average utilization hours of coal-fired power plants of the same caliber attached to the same plant were 2,081 hours, up 10 hours or 0.5% from the first half of 2025, exceeding the national average utilization time of coal-fired units of 83 hours.