逍遥法外电影大尺度未删减,伊人天堂网,蜜桃臀av在线,综合网天天,老炮儿电影未删减完整版下载,国内久久精品视频,风花电影在线观看完整版

   

State Grid posts 87% surge in net profits

(Xinhua)
Updated: 2007-01-16 09:16

The State Grid Corp. of China (SGCC), the nation's leading power distributor, recorded 26.92 billion yuan (3.5 billion U.S. dollars) in net profits last year, up 87 percent from 2005, a senior company official said on Monday.

Analysts believe the huge surge in profits was the result of the increasing demand of China's booming economy and the firm's monopoly status as a state-owned enterprise.

SGCC general manager Liu Zhenya said the company's sales revenue climbed 19.67 percent year-on-year to 852.9 billion yuan (109.3 billion U.S. dollars).

Liu said the company sold 1,709.7 kilowatt-hours (kwh) of electricity in 2006, a year-on-year rise of 14.2 percent.

He said its electricity sales rose 53 percent from 2004 to 2006,while its net profits more than tripled during the period.

He added the company would invest 202.5 billion yuan (26 billion U.S. dollars) on grid building this year.





(For more biz stories, please visit Industry Updates)