China Suntien Green Energy Corp Ltd Class H

00956: XHKG (HKG)
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China Suntien Green Energy Earnings: Softness in Renewables and Gas; Shares Overvalued

Suntien's cumulative nine-month net profit rose 4% year on year. The renewables business was affected by a 5% drop in the average tariff despite higher power generation. Gas segment sales volume declined 11%, due to a warm winter earlier this year and abundant LNG supply in China.

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