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Huaneng Power International Reports Increased Profits Despite Revenue Dip in 2024

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Huaneng Power International Reports Increased Profits Despite Revenue Dip in 2024

Confident Investing Starts Here:

Huaneng Power International ( (HK:0902) ) has shared an announcement.

Huaneng Power International announced its 2024 annual results, reporting a consolidated operating revenue of RMB245,551 million, a decrease of 3.48% from the previous year. However, the net profit attributable to equity holders increased by 21.86% to RMB10,185 million, reflecting the company’s successful adaptation to market challenges and its focus on high-quality development. The proposed dividend is RMB0.27 per ordinary share, demonstrating the company’s commitment to shareholder returns.

More about Huaneng Power International

Huaneng Power International, Inc. is a leading company in the energy sector, primarily focused on electricity generation. The company operates numerous power plants and is committed to advancing green transformation and technological innovation to maintain its competitive edge in the market.

YTD Price Performance: 3.40%

Average Trading Volume: 11,323

Technical Sentiment Signal: Hold

Current Market Cap: $13.26B

See more data about 0902 stock on TipRanks’ Stock Analysis page.

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