www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

BIZCHINA> Center
Huaneng dips close to daily limit
By Si Tingting (China Daily)
Updated: 2008-10-23 11:29

The share price of Huaneng Power International came within a hair's breath of its daily limit on the Shanghai Stock Exchange, after announcing a third-quarter loss of 2.16 billion yuan ($31.59 million).

The company, one of the country's largest listed power producers, suffered the huge loss due to rising coal prices and the government's electricity price caps.

The company said in its third-quarter report that it may post a full-year loss due to higher coal costs, which offset gains from rising electricity prices. The Beijing-based utility made a profit of 1.56 billion yuan a year ago.

"Although power tariffs have been adjusted upwards on two occasions this year, the increment still cannot offset the rise in fuel costs," Huaneng said.

"If thermal coal prices remain at high levels in the fourth quarter and no new tariff adjustment is adopted, the company will continue to lose money."

Shi Yan, a Shanghai-based utilities analyst at UOB-Kay Hian Ltd, told China Daily that the cost of fuel coal accounts for 75 to 80 percent of the firm's total costs and Huaneng's performance would gradually improve in the coming months only if coal prices were lowered. She said that dwindling coal demand resulting from the global economic crisis was likely to drive prices down.

"As all power companies had a lackluster third quarter, I believe the government should think about raising electricity prices," she added.

According to a report from Donghai Securities Co Ltd, coal prices will remain relatively high, though market prices may drop from time to time.

It added that a lower CPI would make it possible for the country to raise electricity prices for the third time this year. Although government tariff caps prevent power companies from passing on record coal costs to customers, the authorities have already raised electricity prices twice this year in July and August to ease the burden on power companies.

By balancing these two factors, Donghai Securities said it believes Huaneng will enjoy a better performance in the fourth quarter.

Most listed power companies had a gloomy third quarter. According to Wind Info, the leading integrated service provider of financial data and software in China, among the 26 listed power companies that released third-quarter reports, 18 announced a loss and 70 percent expressed concern over future performance.


(For more biz stories, please visit Industries)

 

 

主站蜘蛛池模板: 久久99精品久久久久久秒播 | 又黄又骚| 日本三级香港三级人妇99视 | 欧美jlzz18性欧美 | 色拍拍噜噜噜aⅴ在线观看 色青青草原桃花久久综合 色婷婷91 | 俄罗斯一级成人毛片 | 免费一区二区 | 九色福利 | 成人久久 | 91成人免费观看在线观看 | 九九色综合网 | 亚洲男人的天堂久久香蕉网 | 禁止18周岁进入免费网站观看 | 日韩精品在线观看免费 | 久久久久久久国产精品 | 国产精彩视频在线观看 | 国产精品日本一区二区不卡视频 | 国产三级a三级三级天天 | 九九精品激情在线视频 | 美女张开腿 | 理论片亚洲 | 色涩五月天| 韩国免费毛片在线看 | 国产一级一级毛片 | 一级特黄一欧美俄罗斯毛片 | 在线私拍国产福利精品 | 大陆老太xxxxxxxxhd | 亚洲欧美日韩精品久久久 | 国产伦精品一区二区三区四区 | 欧美一级毛片在线看视频 | 久久久影院亚洲精品 | 国产精品自在线 | 国产 一二三四五六 | 国产午夜免费视频 | 免费观看一级特黄三大片视频 | 国产a级特黄的片子视频免费 | 日本69色视频在线观看 | 美女视频黄色免费 | 日韩欧免费一区二区三区 | h网站国产| 亚洲厕拍 |