State-invested electricity last year realized revenue 15.9 billion

Source: Internet
Author: User
State power Investment (600886) published annual report Today, 2010, the company realized operating income of 15.948 billion yuan, an increase of 33.82%, to achieve total profit of 1.385 billion yuan, increased by 11.48%; realize the net profit attributable to the owner of the parent company 494 million yuan, down 6.94 % to achieve 0.25 yuan per share, down 6.94% year-on-year.  The company intends to send 0.25 yuan per 10 shares. State investment in electricity, because the thermal power project is subject to the rise in fuel prices, gross margin further decline, the business situation is more severe; Hydropower projects bring about a rise in profitability by increasing power generation, partial temporary policy pricing and cancellation of charges, and falling financial costs. As at the end of 2010, the company's total assembly machine size of 17.03 Million-kilowatt, the scale of 8.25 million-kilowatt rights installed.  In 2010, the company invested 81.095 billion kwh of electricity, 77.47 billion kwh of Internet consumption, and increased by 30.92% and 30.34% respectively compared with the same period last year. It is reported that 2010 national power overall balance, in China's economic growth structure adjustment, energy-saving emission reduction and other indicators of constraint and impact, the whole society of electricity consumption presents "before high and low" general trend. During the year, electricity and coal prices generally rose, electricity price mechanism to be further straightened out, thermal power project management situation is still grim. Facing the continuous downturn of the industry environment, the state investment in electricity, said the company's overall business development situation is good. Responsible Editor: NF045

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