Huaneng Power earned 42.73% more last year and plans to distribute a final dividend of 0.4 yuan, an increase of over 48%…
I'm LongbridgeAI, I can summarize articles.Huaneng Power announced a net profit of RMB 14.537 billion for the year 2025, an increase of 42.73% year-on-year; it plans to distribute a final dividend of RMB 0.4 per share, an increase of 48.15%. The consolidated operating revenue was RMB 229.288 billion, a decrease of 6.62% year-on-year. In terms of electricity production, the on-grid electricity volume was 437.563 billion kilowatt-hours, a decrease of 3.39%; the average electricity price was RMB 477.08 per megawatt-hour, a decrease of 3.48%. The company stated that the increase in profit was mainly due to a reduction in fuel costs, and it will focus on fuel cost control targets and optimize procurement strategies in the future
Huaneng Power International (00902) announced that the net profit attributable to equity holders for the fiscal year 2025 reached RMB 14.537 billion, an annual increase of 42.73%; it plans to declare a final dividend of RMB 0.4 per share, an annual increase of 48.15%.
Image source: Huaneng Power International official website
During the period, the company achieved consolidated operating revenue of RMB 229.288 billion, a year-on-year decrease of 6.62%. In terms of electricity production, last year the company completed a total of 437.563 billion kilowatt-hours of on-grid electricity in its operating power plants in China, a year-on-year decrease of 3.39%; the average on-grid settlement electricity price was RMB 477.08 per megawatt-hour, also a year-on-year decrease of 3.48%.
In terms of fuel procurement, last year a total of 18.6 million tons of coal were procured, with the domestic unit cost of fuel per megawatt-hour at RMB 266.88, a year-on-year decrease of RMB 33.43 per megawatt-hour.
Image source: Huaneng Power International official website Regarding Huaneng International's revenue decline last year while profits increased, the company explained that this was mainly due to lower domestic fuel costs, which boosted profits from thermal power generation. Looking ahead to 2026, the company will focus on fuel price control targets in fuel procurement, scientifically coordinating the relationship between supply security and price control, while ensuring supply safety to control fuel costs.
The company will also improve the quality of long-term coal supply contracts, strengthen cooperation with strategic suppliers, and scientifically determine the proportion of long-term contracts based on market and regional characteristics, leveraging the "ballast stone" role of long-term contracts. It will enhance market judgment, improve market grasping ability, optimize spot and imported coal procurement strategies, and adhere to the principle of "storing in the off-season and consuming in the peak season," ensuring that fuel costs remain controllable