Huaneng Power H1 Net Profit Up 87%
Huaneng Power International (NYSE: 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.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.