Net Profit Attributable to the Company’s Shareholders amounts to RMB 226 million
BEIJING, April 19, 2011 /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, 2011.
Under the PRC GAAP, for the first quarter of 2011, the Company realized consolidated operating revenues of RMB30.40 billion, representing an increase of 24.90 % over the same period last year. Consolidated net profit attributable to shareholders of the Company amounted to RMB226 million, representing a decrease of 76.25% over the same period last year. The decrease was mainly due to the increase in coal price.
Encl: The unaudited summary financial information of the Company for the three months ended March 31, 2011. 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.
About the Company
The Company is one of China's largest listed power producers with controlled generation capacity of 54,402 MW and equity-based generation capacity of 50,935MW. The power plants of the Company are located in 18 provinces, municipalities and autonomous regions in China. The Company also has a wholly-owned power company in Singapore.
For enquiries, please contact:
Huaneng Power International, Inc.
Ms. MENG Jing / Ms. ZHAO Lin
Tel: +86-10-6608-6765 / 6322-6596
Fax: +86-10-6641-2321
Email: zqb@hpi.com.cn
Wonderful Sky Financial Group Limited
Mr. Hon Fung / Ms Gigi Chan / Mr. Dickon Sheng / Mr Lik Sze
Tel: +852-2851-1038
Fax: +852-2865-1638
Email: hf@wsfg.hk / gigichan@wsfg.hk / dickonsheng@wsfg.hk / liksze@wsfg.hk
Huaneng Power International, Inc. Announces 2011 First Quarter Results
Net Profit Attributable to the Company’s Shareholders amounts to RMB 226 million
BEIJING, April 19, 2011 /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, 2011.
Under the PRC GAAP, for the first quarter of 2011, the Company realized consolidated operating revenues of RMB30.40 billion, representing an increase of 24.90 % over the same period last year. Consolidated net profit attributable to shareholders of the Company amounted to RMB226 million, representing a decrease of 76.25% over the same period last year. The decrease was mainly due to the increase in coal price.
Encl: The unaudited summary financial information of the Company for the three months ended March 31, 2011. 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.
About the Company
The Company is one of China's largest listed power producers with controlled generation capacity of 54,402 MW and equity-based generation capacity of 50,935MW. The power plants of the Company are located in 18 provinces, municipalities and autonomous regions in China. The Company also has a wholly-owned power company in Singapore.
For enquiries, please contact:
Huaneng Power International, Inc.
Ms. MENG Jing / Ms. ZHAO Lin
Tel: +86-10-6608-6765 / 6322-6596
Fax: +86-10-6641-2321
Email: zqb@hpi.com.cn
Wonderful Sky Financial Group Limited
Mr. Hon Fung / Ms Gigi Chan / Mr. Dickon Sheng / Mr Lik Sze
Tel: +852-2851-1038
Fax: +85202865-1638
Email: hf@wsfg.hk / gigichan@wsfg.hk / dickonsheng@wsfg.hk / liksze@wsfg.hk
