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REE [Non Rated] – Electricity Generation Powers Growth – Visit note

1H15A revenue increased by 16% and recurring NPAT rose by 3% thanks to rising profit contribution from electricity companies which help to offset declines in the M&E and air conditioning businesses. New office building: cheap land cost and cheap financing. REE’s foreign limit can increase to 100% as far as the company knows and it will raise FOL whenever it needs capital for new investments.