Earnings Buzz: Huaneng Power International Inc. (NYSE: HNP)

BEIJING, June 27, 2019 – Shares of Huaneng Power International Inc. (NYSE: HNP) inclined 0.26% to $23.34. The stock traded total volume of 22.979K shares lower than the average volume of 28.42K shares.

For the first quarter of 2019, Huaneng Power International, Inc. (NYSE: HNP) recorded consolidated operating revenue of RMB 45.652B (equivalent to about USD 6.780B), representing a boost of 5.15% contrast to the same period of last year. The consolidated net profit attributable to shareholders of the Company was RMB 2.656B (equivalent to about USD 394.0M), representing a boost of 114.27% contrast to the same period of last year. The earnings per share was RMB 0.16 and earnings per ADS amounted to RMB 6.42 (equivalent to about USD 0.954). The main reason for the year-on-year increase of the net profit is because of the drop in fuel prices.

HNP has the market capitalization of $13.36B and its EPS growth ratio for the past five years was -49.00%. The return on assets ratio of the Company was 0.10% while its return on investment ratio stands at 2.60%. Price to sales ratio was 0.55 while 1.00% of the stock was owned by institutional investors.