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2002-9-23 10:29:00 a.m. HKT, XFNA
STOCK ALERT - Creative Energy higher after FY results
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HONG KONG (AFX-ASIA) - Creative Energy (8109.HK) was up 0.05 hkd or 13.51
pct at 0.42 after the release of its full-year results, dealers said.
""Many GEM-companies made a loss....Creative Energy was able to make a net
profit growth...investors were impressed,"" a dealer from a local brokerage
said.
For the year to June, Creative Energy reported a net profit of 47.827 mln
yuan compared with 16.74 mln a year earlier, while sales increased to 117.599
mln yuan from 31.899 mln.
Creative Energy provides consultancy services for a variety of central
air-conditioning retrofit projects.
wilfred.lee@afxnews.com
wl/rc
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