Operating Results

In 2018, the net profit of the Group amounted to RMB1,637,185,000, representing an increase of RMB356,478,000 as compared with the previous year. During the year under review, the Group continued to promote the development of clean energy. With the commencement of operation of various new power generating units and the consolidation of newly acquired project companies, profit contribution from wind power and photovoltaic power segments grew dramatically. The coal-fired power segment realized a turnaround in profit attributing to the increase in both electricity sold and average on-grid tariff as compared with the previous year.