Datang International Power Generation Co Ltd<601991><0991>, which is principally engaged in power generation and power plant development, yesterday announced that it reaped RMB 1.03 billion in net profit in the first nine months of this year, whereas it suffered RMB 13.94 million in losses over the corresponding period of last year, sources reported.

Earnings per share were RMB 0.087.

In the period from January to September this year, the firm and its subsidiaries jointly generated 101.81 billion kilowatt hours of electricity, 5.63% more than in the same period of last year.

As of Sep. 30, 2009, the operating revenue of the electricity supplier and its subsidiaries increased 30% year on year due to increased generating capacity and higher prices for electricity. Operating costs increased about 20% from a year earlier.

In the third quarter of this year, the power enterprise's net profit reached RMB 374.24 million. The firm returned to gains from an RMB 432.87-million deficit in the same quarter of last year. Earnings per share were RMB 0.032.