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Announcement of Sichuan Xichang Electric Power's expected half-yearly loss in 2024.
Sichuan Xichang Electric Power (600505.SH) is expected to have a net loss of approximately 26 million yuan in the first half of the year.
On July 9th, Gelunhui reported that Sichuan Xichang Electric Power (600505.SH) expects to achieve a net income attributable to shareholders of the listed company of about -26 million yuan in the first half of 2024, according to the preliminary calculation of the finance department. This is a decrease of 43 million yuan compared to the same period last year when it was -69.06 million yuan. The net income attributable to shareholders of the listed company, excluding non-recurring gains and losses, is about -22 million yuan. The company suffered losses during the reporting period, mainly due to the normal operating expenses, financial expenses, and upstream reservoir water storage affecting the power generation of the controlling subsidiary Guzeng Company's Kangwu Power Station after it was put into operation. The power generation was lower than expected.
Sichuan Xichang Electric Power (600505.SH) annual equity distribution for 2023: 0.012 yuan per share. Registered on July 11th.
Sichuan Xichang Electric Power (600505.SH) announced its annual equity distribution plan for 2023. The profit distribution is based on the total share capital of the company before the implementation of the plan, and a cash dividend of 0.012 yuan (including tax) will be distributed per share. The record date is July 11, 2024, and the ex-rights (interest) date is July 12, 2024.
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