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Power generation surges by 17.53%! Qianyuan Power's first-quarter net profit increases by up to 87% year-on-year
Ruisi Network News: On April 8th, Guizhou Qianyuan Power Co., Ltd. (Stock Code: 002039, Stock Abbreviation: Qianyuan Power) released its first-quarter 2026 earnings forecast. The announcement shows that the company expects net profit attributable to shareholders of the listed company between 82 million yuan and 97 million yuan from January 1 to March 31, 2026, an increase of 58.16% to 87.09% compared to 51.85 million yuan in the same period last year; net profit after deducting non-recurring gains and losses is expected to be between 80 million yuan and 95 million yuan, a year-on-year growth of 56.05% to 85.31%; basic earnings per share are projected to be between 0.1918 yuan and 0.2269 yuan, compared to 0.1213 yuan in the same period last year.
The performance growth is mainly due to water inflow in the first quarter of 2026 being 52.30% higher than the same period last year, with power generation increasing by 17.53% year-on-year to 1.72B kWh, driving up power generation revenue and profits. Among the power plants, Guangzhao Power Plant and Dongqing Power Plant have the highest power generation, and photovoltaic stations such as Gangping and Yongxin also contributed additional output. The announcement also notes that the data are preliminary estimates by the finance department, unaudited, and that specific financial data will be based on the first-quarter 2026 report. Investors are reminded to be aware of investment risks.