Huaneng Power stock reports weaker half year as Q3 date nears

Huaneng Power stock follows a first-half profit decline to RMB 6.868 billion as revenue fell 4.57 percent year over year. Q3 results are set for October 28.

Huaneng Power stock was last at HKD 6.04 on the Hong Kong Exchange on October 2, 2026 at 4:08 p.m. HKT, with a market capitalization of HKD 124.6 billion. The latest company report shows first-half revenue of RMB 106.909 billion, setting the central issue for the next trading phase.

Profit fell faster than revenue

For the six months ended June 30, 2026, Huaneng Power reported operating revenue of RMB 106.909 billion, down 4.57 percent from RMB 112.032 billion in the prior-year period, according to Moomoo on September 10, 2026.

Net profit attributable to shareholders declined 28.29 percent to RMB 6.868 billion from RMB 9.578 billion, while earnings per share came in at RMB 0.37. The company linked the revenue pressure to lower domestic electricity sales and tariffs, while domestic on-grid generation fell 2.97 percent year over year, the same report said.

Fuel savings did not offset pressure

Huaneng Power reduced first-half fuel costs by 6.02 percent to RMB 54.795 billion, but operating cash flow also declined 17.91 percent year over year to RMB 25.243 billion. Long-term borrowings, including amounts due within one year, stood at RMB 185.591 billion as of June 30, 2026, according to Moomoo.

The operating mix is also changing. Low-carbon and clean-energy capacity represented 42.16 percent of the company's controllable installed capacity of 158,779 megawatts at the half-year reporting date, while the board decided not to distribute an interim dividend for 2026.

Q3 results are due October 28

Huaneng Power is scheduled to report third-quarter 2026 results on October 28, 2026, according to Simply Wall St. That date gives investors a defined checkpoint for judging whether lower tariffs and electricity volumes continued to weigh on earnings after the first-half decline.

Stock remains below its yearly high

At HKD 6.04 on October 2, 2026, Huaneng Power stood 20.84 percent below its 52-week high of HKD 7.63 and HKD 0.87 above its 52-week low of HKD 5.17. Trading volume reached 13,358,238 shares, while the session change was positive at 0.08 percent.

Huaneng Power stock facts

• Company: Huaneng Power International, Inc.
• Ticker: 0902
• Trading venue: Hong Kong Exchange
• Price as of October 2, 2026, 4:08 p.m. HKT: HKD 6.04
• Market capitalization: HKD 124.6 billion (as of October 2, 2026)
• 52-week range: HKD 5.17-7.63 (as of October 2, 2026)
• Sector / Industry: Utilities / Independent Power Producers

Upcoming dates for Huaneng Power stock

• October 28, 2026: Third-quarter 2026 results