Sunway Energy (6806-TW) benefited from the theme of power shortage concept stocks, this Friday (2nd) the stock price soared by the daily limit, and closed at the daily limit price of 70.2 yuan, a weekly increase of 11.96%.
TSMC (2330-TW)(TSM-US) Chairman Liu Deyin recently revealed his worries regarding Taiwan Power, and suggested that the government care regarding whether there will be enough electricity in five years, and focus on domestic electricity demand; Liu Deyin’s remarks on domestic power shortages also triggered a group of power concept stocks to express their opinions.
Senwei said that in the past, the company’s strategy was to sell power plants to obtain a one-time huge income. In the future, it will obtain stable income through the sale of self-operated power plants. Next year, with the injection of wind power business, it is expected to grow substantially.
The accumulative revenue of Sunway in the first 10 months was 2.984 billion yuan, an increase of 34.75% year-on-year. The net profit following tax in the first three quarters was 116 million yuan, an annual increase of 62.45%, and the net profit per share was 0.61 yuan.
