Huaneng Power International Inc announced its unaudited operating results for the six months ended June 30 2012.
For the six months ended June 30 2012, the Company and its subsidiaries recorded consolidated operating revenue of CNY 67.180 billion, representing an increase of 4.88% compared to the same period last year. The profit attributable to equity holders of the Company was CNY 2.122 billion representing an increase of 87.64%YoY.
The earnings per share were CNY 0.15 and earnings per ADS were CNY 6. The increase of Company's net profit was mainly attributable to the carry-over effect of the tariff adjustment last year and the Company's effective cost controls.
During the first half of 2012, the Company focused on improving economic efficiency, proactively responded to the changing business environment and made significant progress on power generation, cost control, energy conservation and environmental protection, project development and construction