BEIJING (AFX-ASIA) – China’s State Grid Corp, one of the country’s two power transmission firms, is expected to record 840 million yuan in losses for 2003, the 21st Century Business Herald reported. (US$1=8.27 yuan). But on its website, the company said it expects to post 3.2 billion yuan in profit for 2003. Without citing sources,…
CHINA: State Grid Corp to record 840 million yuan loss for 2003
Posted on February 12, 2004 by EnergyAsia