BEIJING, Jan. 27, 2014 /PRNewswire/ -- Huaneng Power
International, Inc. ("HPI" or the "Company") (NYSE: HNP; HKEx: 902;
SSE: 600011) announced its estimated annual results of 2013
today.
According to Rule 11.3.1 of the Rules Governing the Listing of
Stocks on Shanghai Stock Exchange, a listed company is required to
announce its estimated annual results within one month after the
end of its financial year (i.e., before January 31 of each year) if the annual net profit
of the listed company for that financial year is estimated to
increase or decrease by more than 50% over the same period last
year. Based on the preliminary estimate of the Company, the annual
net profit attributable to the Company's shareholders in 2013 based
on China Accounting Standards is expected to increase by more than
75% compared to the same period last year. The estimated profit
increase was primarily due to the decrease of domestic coal price
in 2013. The annual net profit attributable to the Company's
shareholders based on the International Financial Reporting
Standards ("IFRS") will be different due to the reconciliation with
IFRS.
Detailed financial information will be disclosed by the Company
in its 2013 Annual Report. Potential investors and shareholders of
the Company should exercise caution when dealing in the shares of
the Company.
About the Company
The Company is one of China's
largest listed power producers with controlled generation capacity
of 66,795MW and equity-based generation capacity of 59,625MW. The
power plants of the Company are located in 19 provinces,
municipalities and autonomous regions in China. The Company also has a wholly-owned
power company in Singapore.
For enquiries, please contact:
Huaneng Power International, Inc.
Ms. MENG Jing / Ms. ZHAO Lin
Tel: (8610) 6608
6765 / 6322 6596
Fax: (8610) 6641 2321
Email: zqb@hpi.com.cn
Wonderful Sky Financial Group Limited
Ms. Olive Zhang / Ms.
Erica Tao / Mr.
Henry Li / Ms.
Irene Gao
Tel: (852) 2851
1038
Fax: (852) 2865 1638
Email: olivezhang@wsfg.hk / ericatao@wsfg.hk / henryli@wsfg.hk /
irenegao@wsfg.hk
SOURCE Huaneng Power International, Inc.