Wednesday, March 27, 2013

Datang International Power Generation looks to fall in coal costs to boost profits





Datang International Power Generation, the listed subsidiary of the nation's second largest power producer, China Datang Group, said yesterday it expects its profits to be helped by lower coal prices again this year.


However, analysts said its earnings outlook was uncertain, given a lack of output growth and weak profits from its non-power businesses.









via Business feed http://www.scmp.com/business/companies/article/1200615/datang-international-power-generation-looks-fall-coal-costs-boost

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