China Power International Development Limited provided consolidated earnings guidance for the year ended December 31, 2013. Based on the preliminary assessment of the unaudited consolidated management accounts of the group for the year ended December 31, 2013, it is expected that the group will record a substantial increase in consolidated net profit attributable to owners of the company as compared to the corresponding results for the year ended December 31, 2012. The expected increase in the consolidated net profit was mainly due to the increase in revenue driven by increased power generation, a significant decline in unit fuel cost led to an increase in gross profit, the increase in share of profits of associates, and an one-off gain on disposal of a pumped-storage hydro-power plant.
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5-day change | 1st Jan Change | ||
3.5 HKD | +0.29% | +6.71% | +21.95% |
May. 01 | China Power International Sells 2 Billion Yuan of Green Bonds | MT |
Apr. 17 | China Power International Development's Electricity Sales Rise 25% in March; Q1 Sales Up 32% | MT |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+21.95% | 5.53B | |
+15.19% | 4.89B | |
-7.27% | 3.9B | |
+9.93% | 3.63B | |
+4.13% | 2.41B | |
-20.68% | 2.15B | |
+35.62% | 1.81B | |
+35.73% | 1.7B | |
+23.02% | 1.64B | |
-12.62% | 1.12B |
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- China Power International Development Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2013