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China Resources Power's electricity sales up 31.1% in Feb

Mar. 14, 2012 (China Knowledge) - China Resources Power Holdings Co Ltd<0836>, a subsidiary of China Resources Holdings, announced that its electricity sales increased 31.1% year on year to 9.59 terawatt hours in February, according to a statement filed with the Hong Kong Stock Exchange.

On a same plant basis, total electricity sales for February 2012 increased by 19.6% year on year. Power plants in Jiangsu Province, Guangdong Province, Hebei Province, Henan Province and other service provinces recorded year-on-year growth of 29.7%, 21.5%, 16.6%, 10.0% and 9.2%, respectively. However, power plants in Liaoning Province saw an 8.0% decrease year on year.
In a separate statement, the Hong Kong-listed company said that its coal output jumped 23% year on year to 1.35 million metric tons in February, taking its coal production for the first two months to a total of 2.35 million metric tons, 8.6% more than in the corresponding period of last year.

In 2011, the company's electricity sales rose 15.8% year on year to 112.08 TWhs, and its coal output surged 43.3% to 16.37 million metric tons.

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