HONG KONG (AFX-ASIA) – Harbin Power Equipment Co Ltd (1133.HK) said its net profit, based on international accounting standards, rose to 37.691 million yuan in 2002 from 21.768 million a year earlier, largely due to strong growth in sales of hydropower units. (US$1=8.28 yuan). Group sales grew to 3.821 billion yuan from 2.860 billion a…
CHINA: Harbin Power attributes 2002 profit growth to stronger hydropower unit sales
Posted on April 29, 2003 by EnergyAsia