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Shenzhen Energy's profit for H1 declines 15.86%
Source :China Knowledge update : 2010-08-19
Shenzhen Energy Group Co Ltd's<000027> net profit for the first half of this year declined 15.86% year on year to RMB 876 million due to swelled material costs and slid gains on investments, according to a statement on Aug. 17 released by the firm.
Incomes from investments plunged 87.63% year on year to RMB 65.62 million, while earnings per share were RMB 0.40.
No medium dividend was declared, according to the interim report.
Boosted by increased generated energy, the enterprise's operating revenue soared 44.5% year on year to RMB 6.14 billion.
The company recently announced plans to spend RMB 80.15 million to build a LNG station and a pipeline supporting network in Huizhou of Guangdong Province.
Incomes from investments plunged 87.63% year on year to RMB 65.62 million, while earnings per share were RMB 0.40.
No medium dividend was declared, according to the interim report.
Boosted by increased generated energy, the enterprise's operating revenue soared 44.5% year on year to RMB 6.14 billion.
The company recently announced plans to spend RMB 80.15 million to build a LNG station and a pipeline supporting network in Huizhou of Guangdong Province.