Huaneng Power International Presents Operating Results for 1H
OREANDA-NEWS. August 05, 2014. Huaneng Power International, Inc. (“HPI”, the “Company”) (NYSE: HNP; HKEx: 902; SSE: 600011) announced its unaudited operating results prepared in accordance with the International Financial Reporting Standards (“IFRS”) for the six months ended June 30, 2014.
For the six months ended June 30, 2014, the Company and its subsidiaries recorded consolidated
operating revenue of RMB 64.606 billion, representing an increase of 0.85% compared to the same period last year. The profit attributable to equity holders of the Company was RMB 6.808 billion, representing an increase of 21.09% compared to the same period last year.
Its earnings per share were RMB 0.48 and earnings per American Depositary Share (“ADS” ) were RMB 19.2 (equivalent to approximately USD 3.12). The increase of the Company’s net profit was mainly attributable to the fall of the coal price and the increase of power generation, each compared to the same period last year.
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