Ningbo Thermal Power Co.,Ltd Provides Preliminary Earnings Guidance for the Year 2018
January 28, 2019
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Ningbo Thermal Power Co.,Ltd provided preliminary earnings guidance for the year 2018. The company predicts an increase of between 51.06% and 66.68% compared with the same period of the year before in the net profit owned by shareholders of listed company in 2018. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in 2018 will increase by between 242.21% and 291.35% compared with the same period of the year before.
Ningbo Energy Group Co Ltd is a China-based company mainly engaged in the production and supply of steam and electricity. The Company's business includes cogeneration, biomass power generation and heating, pumped storage, integrated energy services, and investment businesses related to the energy and environmental protection industries. The Company's enterprises engaged in cogeneration and biomass power generation are distributed in many national and provincial economic development zones in China, mainly using coal, natural gas and biomass as raw materials, and the main products are electricity and steam; The Company's enterprises engaged in pumped storage, energy storage, and integrated energy services mainly operate in project development, construction, operation, and providing customers with integrated energy services.