Huaneng Power International, Inc. (“Huaneng International”) released its unaudited third quarter 2025 results, prepared under PRC GAAP. According to the announcement, operating revenue for the third quarter reached RMB 60.94 billion, reflecting a year-on-year decline of 7.09%. Net profit attributable to equity holders stood at RMB 5.58 billion—an 88.54% increase over the same period last year.

For the nine months ended 30 September 2025, Huaneng International reported operating revenue of RMB 172.97 billion, registering a 6.19% decrease compared to the previous year. Meanwhile, net profit attributable to equity holders grew to RMB 14.84 billion, up 42.52% year-on-year, supported primarily by a reduction in domestic fuel costs. Over the same nine-month period, net cash flows from operating activities reached RMB 52.77 billion, a 22.75% improvement compared to the previous year.

Within its domestic segments, the company’s coal-fired power business notably recorded a profit before tax of RMB 13.27 billion for the nine months ended 30 September 2025, representing a 102% increase over last year. Wind-power and hydro-power saw decreases in profitability, while combined cycle and photovoltaic operations reported varying degrees of positive results. On the balance sheet side, total assets stood at RMB 596.20 billion by the close of the reporting period, with equity attributable to equity holders amounting to RMB 147.02 billion—a 6.99% rise from the end of last year.