Three Gorges Forecasts 54.28% To 61.48% Increase of Net Profit in 2021

PVTIME – On January 27, China Three Gorges Renewables (Group) Co.,Ltd.(600905.SH)(hereinafter referred to as Three Gorges or the company) announced that its net profit attributable to shareholders of listed companies in 2021 is expected to increase by 1.96 billion yuan to 2.22 billion yuan, a year-on-year increase of 54.28% to 61.48%.

Three Gorges Energy stated that the pre-increase in performance was mainly due to the new projects of the company. As many new power projects were put into operation, the total installed capacity increased,the power generation increased by 42.52%, and the operating income increased compared with the same period of the previous year.Three Gorges focused on industrial chain investment in 2021, the investment income has increased significantly compared with the same period of the previous year.