Huaneng Power International,Inc. Posted 5.5 Billion Yuan Net Loss in First Three Quarters of 2022

Huaneng Power International,Inc. (华能国际电力股份有限公司) (600011.SH) reported a net loss of 5.5 billion yuan in the first three quarters of 2022, reversing a net profit of 1.1 billion yuan for the same period in the previous year.

Meanwhile, the company posted 184 billion yuan in revenue, up 26.6% year-on-year.

At the end of the reporting period, it had 486.1 billion yuan in total assets and 366.3 billion yuan in total liabilities, with a liability-to-asset ratio of 75.4%.