Analyst Research

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Provider: Wright Reports
$75.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: KGI Greater China
$46.00

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China Datang Corp Renewable Power Co Ltd Comments On FY 2012 Profit Guidance


Monday, 4 Feb 2013 05:04am EST 

China Datang Corp Renewable Power Co Ltd announced that it expects the net profit attributable to the shareholders of the Company under the International Financial Reporting Standards (IFRS) for fiscal 2012 may substantially decrease as compared to fiscal 2011. The substantial decrease of the net profit attributable to the shareholders of the Company for fiscal 2012 as compared to the fiscal 2011, was mainly due to intensified electricity output constraints in some regions; and fluctuations in the market price of Certified Emission Reductions. For fiscal 2011, consolidated revenue of the Company and its subsidiaries amounted to RMB3,828.81 million, other income and other gainsnet amounted to RMB518.35 million, among which income from Clean Development Mechanism projects was RMB370.80 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $346.12 million for fiscal 2012. 

Company Quote

1.12
0.05 +4.67%
31 Oct 2014