China Knowledge reported that China Yangtze Power Co, the country largest listed hydropower corporation and operator of the massive Three Gorges Dam in Southwest China has posted 945.57 GW hours of electricity output for 2011 reflecting decline of 6.02%YoY.

The Three Gorges Gam located in Yichang, Hubei Province, generated 782.93 GWh of power last year down by 7.2%YoY. The power output of Gezhouba Dam also located in Yichang climbed by 0.14%YoY to 162.64 GWh.

The Shanghai-listed hydropower supplier net profit for the first half of 2011 grew 35.54%YoY to CNY 2.69 billion and its operating revenue stood at CNY 8.34 billion up by 5.57%YoY.

In the third quarter of last year, the company net profit attributable to shareholders declined 29.74%YoY to CNY 3.64 billion. Earnings per share were CNY 0.22.

As of September 30 2011, China Yangtze Power had CNY 161.1 billion in total assets 2.31% more than CNY 157.46 billion it had at the end of 2010.

(Sourced from China Knowledge)