Huaneng Power International Class H ( (HUNGF) ) has released its Q2 earnings. Here is a breakdown of the information Huaneng Power International Class H presented to its investors.
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Huaneng Power International, Inc. is a leading power generation company in China, engaged in the construction, operation, and management of power plants, with a significant focus on low-carbon and clean energy sources.
In its 2025 interim results, Huaneng Power International reported a consolidated operating revenue of RMB112.032 billion, a decrease of 5.70% compared to the previous year. However, the company achieved a net profit attributable to equity holders of RMB9.578 billion, marking a substantial increase of 23.19% year-on-year.
Key financial highlights include a decrease in total power generation by 2.37% due to a shift towards green energy, while coal-fired power generation saw a decline. The company effectively controlled fuel costs, resulting in a 14.40% decrease in fuel expenses. Additionally, Huaneng Power expanded its new energy capacity significantly, with a focus on wind and solar power.
Looking ahead, Huaneng Power International aims to maintain high-quality growth, accelerate green development, and optimize its power supply structure. The company is committed to achieving its annual goals and contributing to China’s modernization and energy transformation efforts.