Kaidi Power Medium-term net profit of 113 million yuan to double

NetEase Finance July 16 Kaidi Electricity Friday Evening in Shanghai released 2010.5 Annual report. Semi-annual report shows that the first half of the company to achieve sales revenue of 1.53 billion yuan, growth rate of 78.84%; The net profit attributable to the parent company is 113 million yuan, the growth rate is about 104.33%; The net profit of the shareholder of the listed company is 113 million yuan, which is up 104.33% from the same period last year.　　Total assets of 9.014 billion yuan, growth of about 4.09% per cent over last year, ownership of the owner of the parent company amounted to 1.862 billion yuan, the growth rate of about 11%, to achieve the company's transition to biomass industry in a smooth transition. Kaidi Electric Power said that the reporting period, the main reason for the increase in revenue year-on-year: ① subsidiary Zhengzhou Coal Industry Group Yang He Coal Industry Co., Ltd. the price of coal in the current period is higher than the same period last year, while sales have increased, resulting in sales of raw coal increased by 108.6 million yuan a year earlier. ② East Lake High-tech subsidiary Yima Environmental Power Co., Ltd. this year's project was completed and put into production, resulting in environmental protection generation income increased 107.65 million yuan. ③ East Lake High-tech subsidiary Wuhan University Real Estate Co., Ltd. the real estate project delivered to owners this year, resulting in real estate income increased by 171.63 million yuan over a year earlier.　　④ 2009, the company won the bid for overseas coal projects, resulting in the current period of electricity construction contract revenue year-on-year growth of 189.16 million yuan.　　Profit distribution scheme: Kaidi Electric Power said that the company 2009 to the total shareholder of the Capital Provident Fund to 6 shares per 10 shares, 2010.5 year does not carry out profit distribution and Provident fund to increase equity. As of July 15 closed, Kaidi Power reported 13.66 Yuan, up 1.64%.