REG - SDIC Power Holdings - Predicted Performance Increase in 2022

SDIC Power Holdings CoAnnouncement

13/01/2023 14:00

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RNS Number : 6780M  SDIC Power Holdings Co., LTD  13 January 2023

 

SDIC Power Holdings Co., LTD.

Announcement on Predicted Performance Increase in 2022

 

Highlights:

1. According to the preliminary calculation of the Financial Department of
SDIC Power Holdings Co., LTD. (hereinafter referred to as "the Company"), the
net profits attributable to shareholders of listed companies are predicted to
range from RMB 3.65 billion to 4.35 billion in 2022, with a year-on-year
increase of RMB 1.213 billion to 1.913 billion and a year-on-year increase
rate of 49.78% to 78.51% compared with the same period of the previous year
before retroactive adjustment (the statutory disclosure data in 2021).
Compared with the retroactive adjusted data of the same period last year, it
will increase by RMB 1.194 billion to RMB 1.894 billion, with a year-on-year
increase of 48.63% to 77.13%.

2. It is predicted that the Company's net profits attributable to shareholders
of listed companies after deducting non-recurring gain or loss in 2022 will be
RMB 3.5 billion to 4.2 billion, with a year-on-year increase of RMB 1.329
billion to 2.029 billion and a year-on-year increase rate of 61.23% to 93.48%
compared with the same period of the previous year before retroactive
adjustment (the statutory disclosure data in 2021). Compared with the
retroactive adjusted data of the same period last year, it will increase by
RMB 1.31 billion to RMB 2.01 billion, with a year-on-year increase of 59.84%
to 91.81%.

 

I. Performance pre-announcement for the current period

(1) Performance pre-announcement period

From January 1, 2022 to December 31, 2022.

(2) Performance pre-announcement

1. According to the preliminary calculation of the Financial Department, the
net profits attributable to shareholders of listed companies are predicted to
range from RMB 3.65 billion to 4.35 billion in 2022, with a year-on-year
increase of RMB 1.213 billion to 1.913 billion and a year-on-year increase
rate of 49.78% to 78.51% compared with the same period of the previous year
before retroactive adjustment (the statutory disclosure data in 2021).
Compared with the retroactive adjusted data of the same period last year, it
will increase by RMB 1.194 billion to RMB 1.894 billion, with a year-on-year
increase of 48.63% to 77.13%.

2. It is predicted that the Company's net profits attributable to shareholders
of listed companies after deducting non-recurring gain or loss in 2022 will be
RMB 3.5 billion to 4.2 billion, with a year-on-year increase of RMB 1.329
billion to 2.029 billion and a year-on-year increase rate of 61.23% to 93.48%
compared with the same period of the previous year before retroactive
adjustment (the statutory disclosure data in 2021). Compared with the
retroactive adjusted data of the same period last year, it will increase by
RMB 1.31 billion to RMB 2.01 billion, with a year-on-year increase of 59.84%
to 91.81%.

---(3) This performance forecast has not been audited.

II. Performance in the same period of last year

(1) Net profits attributable to shareholders of listed companies before
retroactive adjustment (the statutory disclosure data in 2021): RMB 2.437
billion. Net profits attributable to shareholders of listed companies after
deducting non-recurring gain or loss: RMB 2.171 billion. Earnings per share:
RMB 0. 3202.

(2) Net profits attributable to shareholders of listed companies after
retroactive adjustment: RMB 2.456 billion. Net profits attributable to
shareholders of listed companies after deducting non-recurring gain or loss:
RMB 2.19 billion. Earnings per share: RMB 0. 3229.

III. Main causes of predicted performance increase in the current period

The company's operating performance in the current period has increased
significantly over the same period of last year, mainly due to the income
growth brought by the year-on-year increase of the net electricity generated
and the on-grid tariff.

IV. Risk warning

There is no major uncertainty of the Company that may affect the accuracy of
the performance pre-announcement.

V. Miscellaneous

The above pre-announcement data is only preliminary accounting data. For
specific and accurate financial data, please refer to the audited annual
report of 2022 to be officially disclosed by the Company. Investors are
advised to consider the investment risks.

It is hereby announced.

 

 

Board of Directors of SDIC Power Holdings Co., LTD.

January 13, 2023

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