tiprankstipranks
Huaneng Power Reports Q3 Revenue Rise Amid Profit Drop
Company Announcements

Huaneng Power Reports Q3 Revenue Rise Amid Profit Drop

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

Don't Miss our Black Friday Offers:

Huaneng Power International’s third quarter report for 2024 shows a slight increase in operating revenue despite a significant drop in net profits, which have fallen by over 52% compared to the same period last year. The company’s net cash flows from operating activities improved by nearly 28%, signaling potential operational resilience. However, the basic earnings per share have decreased by 57%, reflecting challenges in maintaining profitability.

For further insights into HK:0902 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskHuaneng Power Secures RMB1.5 Billion Through Mid-Term Notes
TipRanks HongKong Auto-Generated NewsdeskHuaneng Power International Shifts Hong Kong Share Registrar
TipRanks HongKong Auto-Generated NewsdeskHuaneng Power Boosts Capital with New Debenture Issue
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App