Huaneng Lancangjiang Hydropower’s 1H2019 net profit reaches 2.8 billion CNY

Huaneng Lancangjiang Hydropower’s 1H2019 net profit reaches 2.8 billion CNY

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Huaneng Lancangjiang Hydropower has released its half-year report, stating an installed capacity of 23GW and a power generation capacity of 53.9TWh, a 57.13% YoY increase, for the first half of the year. 

The company’s operating income was 10.6 billion CNY, a growth of 63.66% YoY, and net profit attributable to the parent company was 2.8 billion CNY, which is up 224.77% YoY. The company’s infrastructure investment during the six months totaled 1.25 billion CNY. (stock)