Yalin Li's questions to HUNGF leadership • Q3 2023
Question
Inquired about the financial impact of the Sichuan Hydropower asset sale, the reasons for underperformance in the wind power sector, and requested a detailed financial breakdown by energy source for the third quarter.
Answer
The sale of Sichuan Hydropower resulted in a CNY 2.1 billion pre-tax gain. The wind sector's profit declined due to lower utilization hours (down 21 hours) and a decrease in the average tariff by 8.3%. Detailed financial breakdowns for profit and net equity by energy source were provided.