Huaneng Power International,Inc. Posted 6.6 Billion Yuan Net Profit in First Half of 2023

Huaneng Power International,Inc. (华能国际电力股份有限公司) (600011.SH) reported a net profit of 6.6 billion yuan in the first half of 2023, reversing a net loss of 3.9 billion yuan for the same period in the previous year.

Meanwhile, the company posted 126 billion yuan in revenue, up 7.8% year-on-year.

At the end of the reporting period, it had 516.5 billion yuan in total assets and 366.2 billion yuan in total liabilities, with a liability-to-asset ratio of 70.9%.