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Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its audited operating results prepared under IFRS for the year ended December 31, 2019. For the twelve months ended 31 December 2019, the Company realized consolidated operating revenue of RMB174.009 billion (equivalent to approximately USD 24.943 billion, based on the exchange rate of USD 1 to RMB 6.9762 as of December 31, 2019), representing an increase of 2.63% compared to the same period last year, and net profit attributable to equity holders of the Company amounted to RMB766 million (equivalent to approximately USD 110 million), representing an increase of 4.34% as compared with the same period last year. Earnings per share amounted to RMB0.01(equivalent to approximately USD 0.001), ADS amounted to RMB0.20 (equivalent to approximately USD 0.029). The main reason for the increase of the net profit is the comprehensive impact of the decrease of fuel costs year-on-year and the increase of asset impairment loss. The Board is satisfied with the Company's results last year.
Rating Action: Moody's assigns first-time A2 rating to China Huaneng Group Co., Ltd. Hong Kong, September 27, 2019 -- Moody's Investors Service has assigned a first-time A2 issuer rating to China Huaneng Group Co., Ltd. (CHGC). "CHGC's ba1 BCA reflects its leading position as one of the five largest power generation companies in China, with a diversified fuel mix and geographical spread," says Boris Kan, a Moody's Vice President and Senior Credit Officer.
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Moody's Investors Service has assigned a first-time A2 issuer rating to Huaneng Power International, Inc. (HPI). At the same time, Moody's has assigned a A2 senior unsecured rating to the proposed guaranteed bond to be issued by Sinosing Services Pte. Ltd., an indirect wholly owned subsidiary of HPI. The ratings outlook on both the issuer rating and the senior unsecured rating is stable.
BEIJING , Oct. 22, 2019 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its unaudited operating results ...
BEIJING , Oct. 16, 2019 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation for the first ...
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Moody's Investors Service has assigned a first-time A2 issuer rating to Huaneng Power International, Inc. (HPI). At the same time, Moody's has assigned a A2 senior unsecured rating to the proposed guaranteed bond to be issued by Sinosing Services Pte. Ltd., an indirect wholly owned subsidiary of HPI. The ratings outlook on both the issuer rating and the senior unsecured rating is stable.
Top Ranked Growth Stocks to Buy for December 3rd
Rating Action: Moody's assigns first-time A2 rating to China Huaneng Group Co., Ltd. Hong Kong, September 27, 2019 -- Moody's Investors Service has assigned a first-time A2 issuer rating to China Huaneng Group Co., Ltd. (CHGC). "CHGC's ba1 BCA reflects its leading position as one of the five largest power generation companies in China, with a diversified fuel mix and geographical spread," says Boris Kan, a Moody's Vice President and Senior Credit Officer.
For the first half year of 2019, the Company and its subsidiaries recorded consolidated operating revenue of RMB 83.603 billion (equivalent to approximately USD 12.161 billion, based on the exchange rate of USD 1 to RMB 6.8747 as of June 30, 2019), representing an increase of 1.45% compared to the same period of last year. The net profit attributable to equity holders of the Company was RMB 3.442 billion (equivalent to approximately USD 501 million), representing an increase of 98.78% compared to the same period of last year.
Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its unaudited operating results prepared in accordance with the PRC GAAP for the three months ended March 31, 2020.
BEIJING , July 16, 2019 /PRNewswire/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation for the first ...
Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation for the whole year of 2019.
Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its power generation for the first quarter of 2020.
Huaneng Power International, Inc. ("HPI", or the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission on April 20, 2020 and has uploaded such annual report on Form 20-F to the Company's website at http://www.hpi.com.cn on April 24, 2020. The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.