Huaneng Power International, Inc. - Net Profit Attributable to the Company's Shareholders for First Quarter of 2010 Increases by 40.90%
BEIJING, April 20 /PRNewswire-Asia/ -- Huaneng Power International, Inc. ("HPI" or the "Company")NYSE: HNP; HKEx: 902; SSE: 600011 today announced its unaudited results for the three months ended March 31, 2010.
Under the PRC CAAP, for the first quarter of 2010, the Company realized consolidated operating revenues of RMB24.339 billion, representing an increase of 38.73% over the same period last year. Consolidated net profit attributable to shareholders of the Company amounted to RMB953 million, representing an increase of 40.90% over the same period last year. This increase was mainly due to the significant increase of power generation of the Company.
The Company is one of China's largest listed power producers with controlled generation capacity of 49,433 MW and equity-based generation capacity of 45,912 MW. The power plants of the Company are located in 17 provinces, municipalities and autonomous regions in China. The Company also has a wholly-owned power company in Singapore.
Encl: The unaudited summary financial information of the Company for the three months ended March 31, 2010. The summary financial information is published under the listing regulations of the China Securities Regulatory Commission. The summary financial information was prepared in accordance with "Accounting Standards for Business Enterprises" of the People's Republic of China ("PRC GAAP"), which differs from the International Financial Reporting Standards ("IFRS") and the accounting principles generally accepted in the United States of America ("US GAAP"). No reconciliation with IFRS or US GAAP has been made in the presentation of the summary financial information.
A full version of this release, including financial tables, can be found by visiting this link: http://www.prnasia.com/sa/attachment/2010/04/20100420921199.pdf
For enquiries, please contact: Huaneng Power International, Inc. Ms. MENG Jing / Ms. ZHAO Lin Tel: +86-10-6649-1856 / 1866 Fax: +86-10-6649-1860 Email: [email protected] Wonderful Sky Financial Group Limited Ms. Katy CHAN / Ms. Christine GU / Ms. Kate CHAN / Mr. John GAO Tel: +852-2851-1038 Fax: +852-2815-1352 Email: [email protected] / [email protected] / [email protected] / [email protected]
SOURCE Huaneng Power International, Inc.
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