Results Warning Announcement

RNS Number : 7163G

Datang Intl Power Generation Co Ld

27 October 2008

 



DATANG INTERNATIONAL POWER GENERATION CO., LTD.

    (a sino-foreign joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 991)

PRICE-SENSITIVE INFORMATION/

OVERSEAS REGULATORY ANNOUNCEMENT

RESULTS WARNING IN RESPECT OF 

THE FULL YEAR OF 2008

This announcement is made by Datang International Power Generation Co., Ltd. (the 'Company') pursuant to the requirements of Rules 13.09(1) and 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to provide shareholders of the Company and the public with the financial information of the Company. This announcement is also disseminated on the Shanghai Stock Exchange simultaneously. The estimate contained in this announcement is only a preliminary estimate made by the Company and has not been audited by any certified public accountants. Detailed financial information will be disclosed in the 2008 annual report of the Company. Investors are advised to exercise caution when dealing in the shares of the Company. The Company and all members of the board of directors (the 'Board') warrant the truthfulness, accuracy and completeness of the contents of this announcement, and jointly accept the responsibility for any false representations or misleading statements contained in, or material omissions from, this announcement.

I.          Estimated results for the reporting period

 

1.     Period to which the estimated results applies: From 1 January 2008 to 31 December 2008.

 

2.     Estimated results: Based on a preliminary estimate made by the Company, it is expected that the results may record a decrease of approximately 85% as compared to 2007 for the period from 1 January 2008 to 31 December 2008.

 

3.     The estimated results have not been audited or reviewed by any certified public accountants.

 

II.    Results of the corresponding period last year (Based on PRC GAAP)

 

1.     Net profit attributable to the equity holders of the Company: RMB3,411,141,000.

 

2.     Earnings per share (based on the net profit attributable to the equity holders of the Company): RMB0.29.

 

 

III.       Reasons for the change in the results

 

It is anticipated that net profit attributable to the equity holders of the Company in 2008 may record a substantial decrease as compared to 2007 due to factors such as surging fuel prices.

 

IV.       Risk warning

 

The detailed financial information of the Company will be disclosed in the 2008 annual report of the Company. Investors are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board  

Zhou Gang  

Secretary to the Board

Beijing, the PRC, 24 October 2008

As at the date of this announcement, the directors of the Company are:

Zhai Ruoyu, Hu Shengmu, Cao Jingshan, Fang Qinghai, Zhou Gang, Liu Haixia,       

Guan Tiangang, Su Tiegang, Ye Yonghui, Li Gengsheng, Xie Songlin*, Liu Chaoan*, 
Yu Changchun*, Xia Qing* and Li Hengyuan*

* Independent non-executive directors

 

END

 

 

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