Analyst Pin-board GEG: Hydropower bounces back while solar-power contributes to stable revenue
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Hydropower experienced an extremely low quantity in 1H2020 but is going to bound back in 3Q and 4Q because of La Nina |
Hydropower’s contribution to GEG in 1Q and 2Q was relatively lower compared to previous years: 25 million kWh and 27 million kWh, respectively. This is only 21% total of the target quantity or 10% total of target revenue for 2020. Consequently, the gross profit margin from this segment experienced a downward trend from 2018 to 1H 2020 because of El Nino.
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