» SDIC Huajing Power expected its 2008 profits to drop 60 percent in 2008, down to 330 million yuan.

» Another leading power company, Huaneng International, also forecasted a full-year loss in 2008. The company posted a net profit of 5.997 billion yuan in 2007.

» These are the latest distressed forecasts after Huadian Power said it expected an annual loss last week.

» Industry experts say the entire power sector is likely to post sizable losses for last year due to the rising cost of coal and government price controls.