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Huaneng Power International, Inc. Announces 2011 First Three Quarters Results

Huaneng Power International, Inc.
2011-10-25 22:39 1233

BEIJING, October 25, 2011 /PRNewswire-Asia/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced its unaudited results for the nine months ended September 30, 2011.

Under the PRC GAAP, the Company realized consolidated operating revenue of RMB99.811 billion for the first three quarters of 2011, representing an increase of 29.98% over the same period last year. Consolidated net profit attributable to the shareholders of the Company was RMB1.410 billion, representing a decrease of 55.17% over the same period last year. The decrease was mainly due to the increase of fuel prices and the increase of interest rate of RMB borrowings.

To view the entire release, including the unaudited summary financial information of the Company for the nine months ended September 30, 2011, please visit: http://www.prnasia.com/sa/attachment/2011/10/20111025213816332996.pdf

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 56,419 MW and equity-based generation capacity of 52,292.5MW. 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 / +852-6322-6596

Fax: +86-10-6641-2321

Email: zqb@hpi.com.cn


Wonderful Sky Financial Group Limited

Mr. Hon Fung / Ms. Gigi Chan / Mr. Lik Sze / Ms. Sharon Yim

Tel: +852-2851-1038

Fax: +852-2865-1638

Email: hf@wsfg.hk / gigichan@wsfg.hk / liksze@wsfg.hk / sharonyim@wsfg.hk



Source: Huaneng Power International, Inc.
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