Debt And ExpensesHuaneng Power had a net debt-equity ratio of over 330% in FY23, which is very high and expected to increase further, increasing financial risk.
EarningsAttributable profit dropped 17% with Q3 profit declining over 50%, falling below expectations.
Financial PerformanceNet margin squeeze continued from 7% in Q1FY24 to 4% in Q3FY24, reflecting a significant decline.