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Beijing Jingneng Clean Energy Co Ltd Comments On H1 2013 Profit Guidance


Monday, 15 Jul 2013 11:00am EDT 

Beijing Jingneng Clean Energy Co Ltd announced that, based on the preliminary estimate by the Company, the profit and total comprehensive income attributable to equity owners of the Company to be reported in accordance with the International Financial Reporting Standards for the first half of 2013 is expected to increase by more than 35% compared to the profit and total comprehensive income attributable to equity owners of the Company for the first half of 2012 as reported by the Company on September 13, 2012 which amounted to approximately RMB423.52 million. The Company is of the view that the expected increase in the profit and total comprehensive income attributable to equity owners of the Company is mainly due to (i) the power generation contribution made by Jingqiao Power Plant which officially commenced commercial production this year with gradually increasing gas-fired power and heat energy generation capacity (ii) less grid curtailment for the Company's wind power generation and (iii) the increase in the operating and installed capacity of the Company's photovoltaic power generation segment. 

Company Quote

3.04
-0.11 -3.49%
22 Dec 2014