SDIC Power Holdings Co., LTD Predicted Performance Increase in 2023 (5412Z)
12 Gennaio 2024 - 10:04AM
UK Regulatory
TIDMSDIC
RNS Number : 5412Z
SDIC Power Holdings Co., LTD
12 January 2024
SDIC Power Holdings Co., LTD.
Announcement on Predicted Performance Increase in 2023
Important notes:
1. The current performance pre-announcement is applicable when
profits are realized and net profit increases by more than 50%
compared to that of the same period last year.
2. According to the preliminary calculation of the Financial
Department of SDIC Power Holdings Co., LTD. (hereinafter referred
to as "the Company"), it is estimated that the net profit
attributable to owners of the parent company will be RMB 5.723
billion to RMB 6.86 billion in 2023, and the net profit
attributable to owners of the parent company after deducting
non-recurring gain or loss will be RMB 5.705 billion to RMB 6.842
billion.
I. Performance pre-announcement for the current period
(1) Performance pre-announcement period
From January 1, 2023 to December 31, 2023.
(2) Performance pre-announcement
According to the preliminary calculation of the Financial
Department of the Company, it is estimated that the net profit
attributable to owners of the parent company will be RMB 5.723
billion to RMB 6.86 billion in 2023. This represents an increase of
RMB 1.644 billion to RMB 2.781 billion compared to that of the same
period last year before retroactive adjustment (statutory
disclosure data in 2022), indicating a year-on-year increase of
40.29% to 68.16%. Compared to the data of the same period last year
after retroactive adjustment, it represents an increase of RMB
1.645 billion to RMB 2.782 billion, indicating a year-on-year
increase of 40.35% to 68.24%.
It is estimated that the net profit attributable to owners of
the parent company after deducting non-recurring gain or loss will
be RMB 5.705 billion to RMB 6.842 billion in 2023. This represents
an increase of RMB 1.754 billion to RMB 2.891 billion compared to
that of the same period last year before retroactive adjustment
(statutory disclosure data in 2022), indicating a year-on-year
increase of 44.42% to 73.20%. Compared to the data of the same
period last year after retroactive adjustment, it represents an
increase of RMB 1.756 billion to RMB 2.893 billion, indicating a
year-on-year increase of 44.48% to 73.28%.
(3)This performance forecast has not been audited.
II. Performance in the same period of last year
(1) The net profit attributable to the owners of the parent
company is RMB 4.079 billion, and the net profit attributable to
owners of the parent company after deducting non-recurring gain or
loss is RMB 3.950 billion.
(2) Earnings per share: RMB 0.5213.
III. Main causes of predicted performance increase in the
current period
During the reporting period, the Company's electricity volume
and other products increased year-on-year, and electricity sales
revenue increased. Meanwhile, the production costs of the thermal
power enterprises under the company were controlled due to the low
coal price, which contributed greatly to the profit.
IV. Risk warning
There is no major uncertainty of the Company that may affect the
accuracy of the performance pre-announcement.
V. Miscellaneous
The above pre-announcement data is only preliminary accounting
data. For specific and accurate financial data, please refer to the
audited annual report of 2023 to be officially disclosed by the
Company. Investors are advised to consider the investment
risks.
It is hereby announced.
Board of Directors of SDIC Power Holdings Co., LTD.
January 12, 2024
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCGZGMMLZZGDZG
(END) Dow Jones Newswires
January 12, 2024 04:04 ET (09:04 GMT)
Grafico Azioni Sdic Power (LSE:SDIC)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Sdic Power (LSE:SDIC)
Storico
Da Set 2023 a Set 2024