China New Energy Power Group Limited announced audited consolidated financial results for the year ended December 31, 2012. For the year, the company reported turnover of HKD 250,000 against HKD 125,000 a year ago. The significant shortfall was attributable to the disposal by the Group of its timber business at the end of 2011 and no revenue was generated from its property development project in the reporting year. Profit before taxation was HKD 28,242,000 against HKD 99,485,000 a year ago. Profit for the year from continuing operations was HKD 28,242,000 or loss of 1.29 cents per diluted share against HKD 99,485,000 or loss of 4.40 cents per diluted share a year ago. Profit for the year attributable to owners of the company was HKD 32,659,000 or loss of 1.29 cents per diluted share against HKD 60,886,000 or loss of 6.36 cents per diluted share a year ago.

China New Energy Power Group Limited announced that they will report fiscal year 2012 final results on Mar 27, 2013

China New Energy Power Group Limited, Board Meeting, Mar 27, 2013. Agenda: To consider the audited annual results of the company and its subsidiaries for the year ended December 31, 2012 for publication; and to consider the recommendation on payment of a final dividend, if applicable.