Le Lézard
Classified in: Business
Subject: ERN

Huaneng Power International, Inc.: rmb 5.389 Billion Net Profit Attributable To Shareholders, For The Three quarterS of 2019 Increased By 170.95 %

BEIJING, Oct. 22, 2019 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its unaudited operating results prepared in accordance with the PRC GAAP for the nine months ended September 30, 2019.

For the three quarters of 2019, the Company and its subsidiaries recorded consolidated operating revenue of RMB 127.232 billion (equivalent to approximately USD 17.989 billion), representing an increase of 0.99% compared to the same period of last year. The net profit attributable to shareholders of the Company was RMB 5.389 billion (equivalent to approximately USD 762 million), representing an increase of 170.95% compared to the same period of last year. The earnings per share was RMB 0.32 and earnings per ADS amounted to RMB 12.68 (equivalent to approximately USD 1.792). The main reason for the increase of the net profit is due to the drop in fuel prices.

~ End ~

PDF - https://photos.prnasia.com/prnk/20191022/2618297-1

About Huaneng Power International, Inc.

Huaneng Power International, Inc. is one of China's largest listed power producers with controlled generation capacity of 106,169 MW and equity-based generation capacity of 93,766 MW. The power plants of the Company are located in 26 provinces, autonomous regions and municipalities in China. The Company also has a wholly-owned power company in Singapore.

SOURCE Huaneng Power International, Inc.

These press releases may also interest you

at 07:33
Caverion Corporation Stock exchange release 22 November 2019 at 2.00 p.m. EET Caverion has received clearance from the Finnish Competition and Consumer Authority for the acquisition of Maintpartner's Finnish operations Caverion has received clearance...

at 07:30
Auxly Cannabis Group Inc. ("Auxly" or the "Company") today released its financial results for the three and nine months ended September 30, 2019. These filings and additional information regarding Auxly are available for review on SEDAR at...

at 07:30
Gulf & Pacific Equities Corp. an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, reports a 9.8% increase in revenues to $1,103,183 in the third quarter of 2019 from...

at 07:30
Dear Shareholders, A good November so far. We have contracted new clients with a contracted annual net revenue worth of around $1.2M and a gross profit above $0.1M. The new clients include White Arkitekter, Ginger Joe and BreOliv. We have also sold...

at 07:28
Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, announced that it has partnered with management to acquire Milton Industries, Inc. ("Milton" or the "Company")....

at 07:10
Here's the best early VR headset deals for Black Friday 2019. The list below contains links to the best early HTC Vive, Oculus Go, Rift, Quest & PlayStation VR Black Friday deals, as identified by the team of researchers at Deal Stripe. Best VR...

News published on 22 october 2019 at 10:25 and distributed by: