Haitian Hydropower International Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
For the nine months, the company reported turnover of RMB 132,293,000 compared to RMB 36,626,000 a year ago. Profit before tax was RMB 44,963,000 compared to RMB 17,660,000 a year ago. Profits and total comprehensive income for the period attributable to owners of the company was RMB 28,417,000 compared to RMB 12,768,000 a year ago. Diluted earnings per share were 1.28 cents compared to 0.64 cents a year ago. The increase in turnover was mainly due to the completion of the acquisition of Fujian Haitian Huajin Huifu Energy Development Co. Ltd. on December 15, 2014.