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Power margins at highest in recent years

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Company News
Power margins at highest in recent years

Recently, by the National Bureau of Statistics of China economic boom monitoring Center jointly compiled by the Economic Daily in the second quarter of 2014 power industry boom index released.

 

The index shows that, in the second quarter of 2014, the electricity industry climate index was 98.5, basically unchanged with the previous quarter (slightly decreased 0.1 point); The power industry warning index fell for two consecutive quarters, falling to the lower limit of the cold "light blue light zone", but the decline significantly narrowed.

 

Due to the continued weakness of coal prices, better hydropower generation and related policy factors, the profit of the power industry in the second quarter increased by 28.2% year on year, up 2.6 percentage points from the previous quarter. Sales margin was 8.4 per cent, up 1.5 percentage points from the previous quarter and the highest in recent years.

 

Notably, despite healthy industry earnings, fixed asset investment fell 8.2 per cent year on year, a 4.0 percentage point steeper decline than the previous quarter. At the present stage of development, it is still necessary for China to maintain a certain investment scale in the field of power supply and power grid.

Pub Time : 2021-10-29 14:26:07 >> News list
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