BEIJING (AFX-ASIA) – Shanxi Zhangze Electric Power Co Ltd (SZ A 000767) said its 2002 net profit fell to 95.94 million yuan from 204.2 million the previous year, mainly due to higher financing costs caused by increasing foreign exchange rates. (US$1=8.28 yuan). Earnings-per-share dropped to 0.22 yuan from 0.47 yuan a year earlier, while core…
CHINA: Zhangze Electric FY net profit 95.94 million yuan vs 204.2 million
Posted on April 29, 2003 by EnergyAsia