Huadian New Energy H1 Profit Down 38%, Revenue Up 8%

MT Newswires Live
Aug 27

Huadian New Energy (SHA:600930) posted first-half attributable net profit of 3.84 billion yuan, down 38% from 6.24 billion yuan the previous year.

Earnings per share fell to 0.0846 yuan from 0.1663 yuan, according to a Thursday filing with the Shanghai bourse.

Operating revenue rose 8.4% year over year to 21.7 billion yuan from 20.0 billion yuan.

Shares of the power company declined 2% in recent trade.

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