(Beijing, China, August 1, 2017) Huaneng Power International, Inc. («HPI», or the «Company») (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its unaudited operating results for the first half year of 2017.
For the first half year of 2017, the Company and its subsidiaries recorded consolidated operating revenue of RMB 71.434 billion (equivalent to approximately USD 10.545 billion, based on the exchange rate of USD 1 to RMB 6.7744 as of June 30, 2017), representing an increase of 34.97% compared to the same period of last year. The net profit attributable to equity holders of the Company was RMB 0.244 billion (equivalent to approximately USD 0.036 billion), representing a decrease of 96.05% compared to the same period of last year. The earnings per share was RMB 0.02 (equivalent to approximately USD 0.003) and earnings per ADS amounted to RMB 0.80 (equivalent to approximately USD 0.12). The main reason for the decrease of the net profit is the rise of fuel prices.