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Qianyuan Power: Expected net profit growth of 58.16% to 87.09% year-on-year in the first quarter of 2026
Qianyuan Power announces that the net profit is expected to be between 82 million yuan and 97 million yuan in the first quarter of 2026, representing a year-on-year increase of 58.16% to 87.09%.
The company’s water inflow in the first quarter of 2026 is 52.30% higher than the same period last year, with a power generation of 1.72 billion kWh, compared to 1.46B kWh in the same period last year, an increase of 17.53%, leading to higher power generation revenue and profit.