On the afternoon of August 18, CR Power announced its interim results by June 30, 2015.

Since the beginning of 2015, facing the macro-economy downturn, especially the downward industrial production and the industrial restructuring, CR Power has adhered to the development thought of making progress while ensuring stability, optimized the industrial structure, further promoted lean management, improved production and management targets and enhanced operational efficiency and management level, maintaining good profitability. By June 30, 2015, its turnover reached HK$36.942 billion, a year-on-year increase of 3.12% over the previous year; the profit attributable to owners (net profit) stood at HK$6.813 billion, up 12.4%; and the basic earnings per share amounted to HK$143.06, a rise of 12.2%. The Board resolved to declare an interim dividend of HK$10 per share.

In the first half year, five new thermal power generating units totaling 3,360 MW and wind turbines totaling 249 MW were put into production. Thus, the total installed power generation capacity increased by 10.99% to 34,755MW from the end of 2014, and the total assets rose by 1.53% to HK$229.091 billion from the end of 2014.

In the second half year, the company will closely follow the strategic adjustment direction of national economy and energy, continue to actively cope with the unfavorable factors such as weakening power demand of the whole country, attach importance to both economic growth and environmental protection and further increase efforts in energy conservation and emissions reduction while aiming to achieve connotative growth. It will implement transformation for ultra-low emissions on 22coal-fired units with a total installed power generation capacity of 8,276 MW to continuously reduce the emissions of sulfur dioxide, nitrogen oxides and smoke and dust, and promote its green and sustainable development.

Results Announcement:

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