Huaneng Power H1 Net Profit Up 87%

Huaneng Power International HNP reported an 87% surge in its first-half net profit. Huaneng Power's net profit for the period rose to 2.21 billion yuan ($349.0 million), versus CNY1.18 billion, in the year-earlier period. Its revenue climbed 4.9% to CNY67.18 billion, versus CNY64.05 billion. Huaneng Power shares closed at $28.57 yesterday.