Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong
Limited take no responsibility for the contents of this announcement, make
no representation as to its accuracy or completeness and expressly disclaim
any liability whatsoever for any loss howsoever arising from or in reliance
upon the whole or any part of the contents of this announcement.
DATANG INTERNATIONAL POWER GENERATION CO., LTD.
(a sino-foreign joint stock limited company incorporated
in the People's Republic of China)
(Stock Code: 00991)
POSITIVE PROFIT ALERT
ESTIMATED INCREASE IN PROFIT FOR THE
ANNUAL RESULTS OF 2012
Special Notice:
This announcement is made by Datang International Power Generation Co., Ltd.
(the "Company") pursuant to the Inside Information Provisions under
Part XIVA of the SFO, Rules 13.09(2)(a) and 13.10(B) of the Listing Rules 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 estimates referred to in this
announcement are only preliminary estimates made by the Company and have not
been audited by any certified public accountants. Detailed financial
information of the Company will be disclosed in the 2012 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
that there are no false representations and misleading statements contained
in, or material omissions from this announcement, and severally and jointly
accept the responsibility for the truthfulness, accuracy and completeness of
the content of this announcement.
This announcement is made by the Company pursuant to the Inside Information
Provisions (as defined under the Rules Governing the Listing of Securities
on The Stock Exchange of Hong Kong Limited (the "Listing Rules"), under
Part XIVA of the Securities and Futures Ordinance (Cap. 571, Laws of Hong
Kong) (the "SFO") and Rules 13.09(2)(a) and 13.10(B) of the Listing Rules.
I. Estimated results for the reporting period
1. Period to which the estimated results apply: From 1 January 2012 to
31 December 2012.
2. Estimated results: According to the preliminary estimates made by the
Company, net profit attributable to the equity holders of the
Company as reported on the consolidated statements of the Company for
year 2012 is expected to increase by 105%-115% as compared to the
corresponding period of the previous year.
3. The figures of the estimated results have not been audited by any
certified public accountants.
II. Results of the corresponding period of the previous year
1. Net profit attributable to the equity holders of the Company as
reported in the consolidated statements in 2011: Approximately
RMB1,910,111,000.
2. Basic earnings per share in 2011: RMB0.1481 per share.
III. Reasons for the change in the results
The prominent increase in profit for the results in 2012 was mainly
attributable to the following reasons:
1. Decrease in fuel costs due to timely adjustments made by the Company
to the fuel procurement strategy according to market conditions;
2. Increase in revenues from core business due to the increase in
average on-grid tariff when compared with the corresponding period
of the previous year;
3. Increase in investment income attributable to the implementation of
active capital operation by the Company.
IV. Risk warning
The estimated results for the reporting period are only preliminary
estimates made by the Company. The detailed and precise financial
information of the Company shall be based on the audited 2012 annual
report which is to be officially disclosed by 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, 30 January 2013
As at the date of this announcement, the Directors of the Company are:
Liu Shunda, Hu Shengmu, Cao Jingshan, Fang Qinghai, Zhou Gang, Liu Haixia,
Guan Tiangang, Mi Dabin, Ye Yonghui, Li Gengsheng, Li Yanmeng*, Zhao Zunlian*,
Li Hengyuan*, Zhao Jie*, Jiang Guohua*
* Independent non-executive Directors
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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