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Datang International Power

In brief

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SCMP Reporter

DATANG POWER prices

A-share offering

Datang International Power Generation has priced its offering of 500 million A shares at 6.68 yuan each to raise 3.34 billion yuan. Parent firm China Datang Group will subscribe to 150.85 million shares while Tianjin Jinneng Investment will buy 46.17 million, accounting for 39.41 per cent and 18.19 per cent of the offer.

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Group sense profit dips

Electronic handheld products maker Group Sense (International) posted a 22.57 per cent year-on-year drop in net profit for the six months to September, as turnover fell 12.47 per cent to HK$645.43 million. An interim dividend of two HK cents per share was recommended.

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Fittec tips sales boost

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