China Resources Power: Jan-Sep Net Profit CNY5.31 Billion, Down 2.6%
October 30 2014 - 6:37AM
Dow Jones News
By Chester Yung
State-owned conglomerate China Resources Power Holdings Co.
(0836.HK) reported a 2.6% drop in net profit for the
January-September period, dragged by the weaker revenue.
China Resources Power said Thursday its net profit for the nine
months ended September fell to 5.31 billion yuan (US$868 million)
from CNY5.45 billion a year earlier.
Revenue for the January-September period was CNY25.94 billion,
down 5% from CNY27.30 billion a year earlier, the energy and
investment company said in the statement.
Write to Chester Yung at chester.yung@wsj.com
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