Datang sees jump in H1 profit on higher tariffs
HONG KONG, July 31 |
HONG KONG, July 31 (Reuters) - Datang International Power Generation Co. Ltd (0991.HK) said late on Thursday its first-half net profit may have increased by more than half as sales revenue was boosted by adjustments to on-grid tariffs and thermal prices.
The power producer (601991.SS) posted 418.9 million yuan ($61.31 million) profit for the first half of 2008.
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It did not say when it would release the interim results. (US$1=HK$7.75=6.832 yuan) (Reporting by Donny Kwok; Editing by Ken Wills)
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