China Electric Power (02380)'s hydropower sector achieved strong growth in the first half of the year, and clean energy accounts for more than 80% of installed capacity

According to the Zhitong Finance App, China Electric Power (02380) announced its 2026 interim results, with revenue of about 22.457 billion yuan, profit attributable to group equity holders of about 1,508 billion yuan, profit attributable to common shareholders of the company about 1,273 billion yuan, and basic profit per share. Among them, benefiting from favorable hydrological conditions, the hydropower sector achieved strong growth, and profits increased by about 148.93% year on year.

On June 30, 2026, the combined installed capacity of the Group's power plants was approximately 57,400 megawatts, an increase of 6.41% over the previous year. The Group's consolidated installed capacity of clean energy (including hydropower, wind power, photovoltaic power, gas power and environmentally friendly power generation) was about 47,600 megawatts, accounting for about 82.89% of the Group's total consolidated installed capacity, an increase of about 1.1 percentage points over the same period last year.

In the first half of 2026, the Group's total electricity sales volume was about 62.0316 million megawatt-hours, of which hydropower sales increased by 51.95%. The total amount of calories sold was approximately 1,326,400 gigajoules.