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Shenzhen Energy H1 Net Profit Up 110%

08-19 12:57 Caijing



» Shenzhen Energy Group Co. Ltd. booked first-half net profit of 1.04 billion yuan, up 110 percent year-on-year, due to one-off investment gains.
» Shenzhen Energy said it made a gain of 420 million yuan from the sale of stakes in Guangdong Shaoneng Group Co., GD Midea Holding Co. Ltd. and Bank of Communications Co. between April and June.
» It said operating revenue fell 21 percent year-on-year to 4.25 billion yuan due to a fall in electricity output and sales.
From wires
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