Shanghai Electric Power(600021) Released in the evening of January 11th, 2018PerformancePre-increasedannouncement. 2018 annual achievement attributable to listed companiesshareholderofNet profitIt is estimated to be 2.5 billion to 3 billion yuan, an increase of 169% to 223%. The company's 2018 annual net profit attributable to shareholders of listed companies is expected to be between 450 million yuan and 650 million yuan. Compared with the same period of the previous year (statutory disclosure data), it is expected to increase by 206 million yuan to 406 million yuan. Increase by 84% to 166%.
The main reason for the change in performance is that the cooperative development of the Yangshupu Power Plant land project is expected to increase the company's net profit in 2018 by about 2 billion yuan. Second, the company's new energy project will be put into operation and the subsidiary company, the National Power Investment Group, Jiangsu Power Co., Ltd. Coal power projects and new energy projects are put into production; third is the companyMergerThe National Power Investment Group Zhejiang New Energy Co., Ltd. was included in the scope of consolidation.
(Article source: China Securities Network)