Latest News:  
Beijing   Sunny    17 / 4   City Forecast

People's Daily Online>>China Business

China's Datang Int'l Power profit down 22.78 pct in 2011


08:24, March 26, 2012

BEIJING, March 25 (Xinhua) -- Datang International Power, a listed unit of China Datang, a major Chinese power producer, said Sunday its net profit fell 22.78 percent year-on-year to 1.91 billion yuan (303.2 million U.S. dollars) due to rising thermal coal prices.

Business revenue rose 19.3 percent from a year earlier to reach 72.38 billion yuan, the listed company said in a statement to the Shanghai Stock Exchange.

Earnings per share dropped 27.08 percent year-on-year to 0.148 yuan.

The company said soaring thermal coal prices bit into the profit of thermal power stations last year.

The company generated 203.71 billion kWh of electricity last year, up 14.14 percent year-on-year.

China Datang has a controlling stake of 34.71 percent in Datang International Power.


Leave your comment0 comments

  1. Name


Selections for you

  1. Training of Chinese bodyguards

  2. Raptors defeat Knicks 96-79

  3. Strong winds hits Beijing, city issues warning

  4. Belarussian creations shown in Moscow

Most Popular


  1. China yet to be a sea power
  2. Prevent nuclear terrorism
  3. Conditions needed for Annan's peace mission
  4. Will Syria crisis be transformed into an opportunity?
  5. Chinese economy will not suffer a hard landing
  6. Monk move in Nansha Islands new ploy by Vietnam
  7. Protectionism cannot save U.S. auto industry
  8. China continues to promote peace in Afghanistan
  9. Nuclear security cooperation
  10. Arms race will happen, but who to blame?

What's happening in China

Leung Chun-ying declared winner of Hong Kong's chief executive election

  1. China arrests 300 over contract frauds
  2. China Unicom tops rivals in 3G users
  3. Child fatality ruled an accident
  4. Free gold for villagers in Jiangsu
  5. E-commerce platform unfreezes users' accounts

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai