Sichuan Chuantou Energy Co. Ltd. provided earnings guidance for the first half of 2013. The company expected its net profit to skyrocket 742.31% year on year to RMB 601.85 million in the first half of this year. Basic earnings per share were estimated at RMB 0.31 during the period.

The company's unaudited operating revenue climbed 7.41% year on year to RMB 541.99 million in the first six months. The strong profit growth was mainly due to significant increases in the electricity output of its subsidiaries and a higher investment income from its 48% owned Yalong River Hydropower Development Co.