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China Daily | Updated: 2009-01-16 07:45

Datang books big loss

China Datang Corp, the nation's second-biggest power company by capacity, had a loss of 6.35 billion yuan last year because of higher fuel costs.

The Beijing-based parent of Hong Kong-listed Datang International Power Generation Co paid 18 billion yuan more for coal purchases in 2008, company president Zhai Ruoyu said in a report posted on its website yesterday.

IN BRIEF (Page 14)

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