Changes in Hong Kong stocks | Huaneng International (00902) fell more than 7% after the results, net profit for the first half of the year fell nearly 29% year on year, and net profit fell month-on-month in the second quarter

The Zhitong Finance App learned that Huaneng International (00902) dropped more than 7% after the results. As of press release, it had a decrease of 7.03% to HK$5.29, with a turnover of HK$81.9523 million.

According to the news, Huaneng International announced results. In the first half of the year, it achieved revenue of 106.909 billion yuan, a year-on-year decrease of 4.57%; net profit attributable to shareholders of listed companies was 6.586 billion yuan, a year-on-year decrease of 28.89%. According to calculations, the company's net profit for the second quarter was 2.102 billion yuan, down 53% from 4.484 billion in the first quarter. During the reporting period, the decline in profits was mainly due to the combined effects of the year-on-year decline in domestic feed-in electricity volume and electricity prices and the decline in fuel costs.