Summary by Moomoo AI
HUA FENG INTERNATIONAL POWER CO., LTD. (“HUA FENG INTERNATIONAL”) ISSUED ON 31 JANUARY 2024 ITS ANNUAL RESULTS FORECAST FOR 2023. NET PROFIT ATTRIBUTABLE TO ITS PARENT COMPANY OWNERS IS EXPECTED TO BE BETWEEN RMB800,000 AND RMB 900,000 MILLION, COMPARED TO THE SAME PERIOD IN 2022. The forecast is based on a decline in domestic coal prices and increased electricity capacity, as well as a significant increase in operating profits in Singapore. THE COMPANY EMPHASIZES THAT THIS FORECAST DATA IS A PRELIMINARY CALCULATION, UNAUDITED BY THE ACCOUNTING FIRM, AND THE FINAL DATA WILL BE DISCLOSED IN DETAIL IN THE 2023 ANNUAL REPORT. Investors should be aware of investment risks.
