Huaneng Power Balances Profit Growth and Green Energy

Huaneng Power International (HK:0902) has released an update.

Huaneng Power International, Inc. reports a 5.73% decrease in consolidated operating revenue at RMB 118.806 billion, while net profit for equity holders rose by 19.80% to RMB 7.775 billion for the first half of 2024. Despite a marginal drop in on-grid power generation, the company maintained a focus on green energy growth and efficient cost management, amidst a strategic reduction in thermal power generation to prioritize maintenance and boost new energy sources.

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