Huadian Power International Corp. Ltd. (1071.HK) Wednesday disclosed increase in net profit in the first half.
The power producer's net profit went up to RMB 3.90 billion or RMB 0.33 per share for the current period from RMB 3.45 billion or RMB 0.27 per share last year.
Meanwhile, operating revenue came down 9 percent to RMB 59.95 billion from RMB 65.87 billion last year. The decline was mainly due to decrease in power generation and tariff, and the optimization in coal trading business models.
Further, the Board proposed to declare a dividend of RMB0.09 per share for the first half of 2025.
The dividend is expected to be distributed to eligible shareholders on or before December 31.
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