Financial Wire

China Yangtze Power Posts 7% Rise in Q1 Power Output; Shares Up 10%

China Yangtze Power (SHA:600900) logged total power output of 61.8 billion kilowatt-hours in the first quarter, up 7.2% from the previous year, according to a Friday filing with the Shanghai bourse.Power output at the Wudongde power station declined 2.6% year over year to 6.38 billion kWh, while the Baihetan hydropower station rose 4.0% to 13.1 billion kWh.Shares of the power generation company jumped 10% in recent trade.

-- China Yangtze Power (SHA:600900) logged total power output of 61.8 billion kilowatt-hours in the first quarter, up 7.2% from the previous year, according to a Friday filing with the Shanghai bourse.

Power output at the Wudongde power station declined 2.6% year over year to 6.38 billion kWh, while the Baihetan hydropower station rose 4.0% to 13.1 billion kWh.

Shares of the power generation company jumped 10% in recent trade.