- Barrons.com•8 days ago
China's Huaneng Power (902.Hong Kong) tumbled 5.9% on Wednesday after reporting an operating loss in the December quarter. For the full year of 2016, Huaneng reported a 37.6% drop in net profit to 8.5 ...
- PR Newswire•8 days ago
Huaneng Power International, Inc.: RMB 8.520 Billion Net Profit Attributed to Equity Holders of the Company in 2016
SSE: 600011) today announced its audited annual operating results for the twelve months ended December 31, 2016 prepared under the International Financial Reporting Standards, in which the Company recorded consolidated operating revenue of RMB113.814 billion (equivalent to approximately USD16.407 billion, based on the exchange rate of USD1 to RMB6.9370 as of December 30, 2016) , representing a decrease of 11.71% compared to the same period last year, and net profit attributed to equity holders of the Company amounted to RMB8.520 billion (equivalent to approximately USD 1.228 billion), representing a decrease of 37.59% compared to the same period last year. The decrease was primarily attributable to lowered on-grid tariff for coal-fired power generators, administered by the National Development and Reform Commission ("NDRC"), reduced domestic power generation of the Company and increased volume of market power transactions.
- Zacks•last month
Is Huaneng Power a great pick from the value investor's perspective right now? Read on to know more.
0902.HK : Summary for HUANENG POWER - Yahoo Finance
HUANENG POWER (0902.HK)
HKSE - HKSE Delayed Price. Currency in HKD
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|Day's Range||5.20 - 5.28|
|52 Week Range||4.43 - 7.34|
|PE Ratio (TTM)||4.71|
|Dividend & Yield||0.07 (10.45%)|
|1y Target Est||N/A|