BEIJING (AFX-ASIA) – China Yangtze Power Co Ltd (SHA 600900), the listed unit of the world’s largest dam project, said a severe water shortage may hurt its bottomline this year. Yangtze Power is targeting net profit of 2.62 billion yuan in 2004, nearly double last year’s 1.44 billion, as it taps into surging demand for…
CHINA: Yangtze Power says severe water shortage may hurt 2004 earnings
Posted on April 7, 2004 by EnergyAsia