China Huaneng Group International Power Share Co., Ltd. Announces 2025 Financial Results; Net Profit Attributable to Parent Company Reaches 14.537 Billion Yuan, Up 42.73% Year-over-Year

Huaneng Power International, Inc. (00902) announced its 2025 performance, with consolidated operating revenue of RMB 229.288 billion, a decrease of 6.62% compared to the same period last year. Net profit attributable to shareholders was RMB 14.537 billion, a 42.73% increase year-over-year; earnings per share were RMB 0.75, with a proposed final dividend of RMB 0.4 per share.

Among these, domestic operations in China generated revenue of RMB 139.31 billion less than the previous year, mainly due to a decline in domestic electricity sales volume and electricity prices. Singapore operations saw a revenue decrease of RMB 29.79 billion year-over-year, primarily due to factors such as supply and demand dynamics, electricity price policies, and the rapid commissioning of gas turbines in Singapore. The overall price in the Singapore electricity market significantly declined, and the retail contract prices signed by Dashi Energy decreased year-over-year. Pakistan operations experienced an increase in revenue of RMB 6.47 billion, mainly due to higher electricity sales volume.

Net profit attributable to shareholders from domestic operations increased by RMB 47.88 billion year-over-year, mainly due to lower fuel costs boosting thermal power profits. Net profit attributable to shareholders from Singapore operations decreased by RMB 3.87 billion year-over-year. The company carefully analyzed changes in Singapore’s electricity and fuel markets, supervised Dashi Energy’s agile response to market dynamics, and continued to promote lean management, achieving relatively good operational performance under current market conditions.

(Editor: Dong Pingping)

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