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Green Power (000537.SZ) released results for the first three quarters, with net profit of 367 million yuan to mother, a year-on-year decrease of 54.49%
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According to Zhitong Finance App, Green Power (000537.SZ) released its report for the third quarter of 2026. The company achieved operating income of 4,056 billion yuan in the first three quarters, up 9.41% year on year; net profit attributable to shareholders of listed companies was 367 million yuan, down 54.49% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 371 million yuan, down 54.52% year on year; basic earnings per share were 0.1782 yuan.

In the first three quarters of 2026, the main reason for the company's revenue growth was the increase in feed-in electricity; the main reason for the year-on-year decline in net profit attributable to shareholders of listed companies: first, the deepening of electricity market-based reforms and the continuous expansion of new energy installed capacity led to oversupply in the region, further increasing the intensity of competition in electricity transactions within the region, causing revenue growth to fall short of expectations; second, profits were further pressured by depreciation of new energy projects and increased financial expenses.

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