Statistics
China's Huaneng Power Q1 net profits up 40.9%
(Xinhua)
Updated: 2010-04-21 14:49
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BEIJING - Huaneng Power International, China's largest power producer, said Wednesday its net profits in the first quarter of 2010 surged 40.9 percent from the same period last year.
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Earnings per share rose 33.33 percent to 0.08 yuan, according to the statement.
Huaneng said the strong performance in revenues and profits mainly stemmed from business expansion and sharp increase in power generation from January to March.
The company's stock ended Wednesday's morning session up 2.89 percent to 7.13 yuan per share.
