China Huaneng Power International(00902.HK) 2025 net profit attributable to parent company 14.537 billion yuan, year-over-year growth of 42.73%

Huaneng Power International (00902.HK) announced on March 24th that for the year ending December 31, 2025, the company achieved 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. The board recommends a final dividend for the year ending December 31, 2025, of RMB 0.40 per ordinary share (tax included).

In 2025, the company adhered to the principles of balancing volume and price, prioritizing efficiency, strengthening policy research, market analysis, and internal professional collaboration. It continuously optimized marketing strategies, actively responded to opportunities and challenges in the electricity and heat markets, aimed for higher electricity trading prices and heat supply prices, and enhanced revenue and efficiency. The company’s power plants within China, according to consolidated reports, completed a total of 437.563 billion kWh of grid-connected electricity, a 3.39% decrease year-over-year; the average on-grid settlement price was RMB 477.08 per MWh, down 3.48% year-over-year; the average annual utilization hours of domestic power plants was 3,111 hours, a decrease of 445 hours; among them, coal-fired units operated for 3,959 hours, down 326 hours. The company actively expanded the heat supply market, increased the heat supply area, and completed a total of 335 million GJ of heat supply, a 1.61% decrease year-over-year.