Huaneng Power (00902) announced its interim results, with a net profit attributable to shareholders of approximately 6.586 billion yuan, a year-on-year decrease of 28.89%.

Huaneng Power (00902) announced its mid-year results for 2026, reporting an operating income of approximately 106.909 billion yuan, a year-on-year decrease of 4.57%; the net profit attributable to shareholders of the listed company was approximately 6.586 billion yuan, a year-on-year decrease of 28.89%; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was approximately 6.038 billion yuan, a year-on-year decrease of 31.43%; basic earnings per share were 0.35 yuan. The announcement stated that the operating income decreased year-on-year by 4.57%, primarily due to the decline in on-grid electricity generation and prices in the domestic market. The profit decline was mainly due to the combined effects of decreased on-grid electricity generation and prices as well as fuel cost reductions. In the first half of the year, the company's tax-adjusted profit from the coal-fired segment totaled 5.925 billion yuan, a year-on-year decrease of 1.385 billion yuan; the tax-adjusted profit from the gas turbine segment totaled 0.973 billion yuan, a year-on-year increase of 0.22 billion yuan; the tax-adjusted profit from the wind power segment totaled 3.165 billion yuan, a year-on-year decrease of 0.745 billion yuan; the tax-adjusted profit from the photovoltaic segment totaled 1.222 billion yuan, a year-on-year decrease of 0.601 billion yuan. The company added 3,040 megawatts of controllable generation capacity, all of which are low-carbon clean energy projects, and the proportion of low-carbon clean energy generation capacity increased by 4 percentage points year-on-year. As of June 30, 2026, the company had a controllable generation capacity of 158,779 megawatts. Among these, the controllable generation capacity for wind power was 22,217 megawatts, and CECEP Solar Energy's controllable generation capacity was 26,010 megawatts. The average on-grid settlement price for the companys operational power plants in China was 463.02 yuan per megawatt-hour, a year-on-year decrease of 4.58%; the cumulative on-grid electricity generation from the companys operational power plants in China, calculated on a consolidated basis, was 199.578 billion kilowatt-hours, a year-on-year decrease of 2.97%. The annual cumulative average utilization hours for the companys domestic power plants were 1,358 hours, a year-on-year decrease of 145 hours. Among these, the utilization hours for coal-fired units were 1,789 hours, a year-on-year decrease of 51 hours; the utilization hours for wind power units were 979 hours, a year-on-year decrease of 154 hours; the utilization hours for CECEP Solar Energy units were 513 hours, a year-on-year decrease of 70 hours. The company completed a cumulative heating supply of 20.2 million gigajoules, a year-on-year increase of 7.16%.