Huadian Power profit up
(China Daily)Updated: 2007-02-07 11:02
Huadian Power International Corp posted an 8.7 percent gain in profit
last year as economic growth spurred electricity consumption.
Net income rose to 1.1 billion yuan (US$142 million), or 0.183 yuan a share, from 1.01 billion yuan, or 0.169 yuan, the company said in a statement to the Shanghai Stock Exchange yesterday.
The company named Cao Peixi as chairman, to take over from He Gong who resigned, according to the statement.
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