China Telecommunication Union: In the first quarter, electricity trading centers across the country organized a total of 1424.84 billion kilowatt-hours and an increase of 7.7% year-on-year

On April 30, the China Telecommunication Union released a summary of the national electricity market transactions from January to March 2024.

Zhitong FinanceApr 30 17:38

Changes in Hong Kong stocks | Huaneng International rose more than 4% to lead power stocks. Demand for electricity exceeded expectations compounded the decline in coal prices. Many thermal power companies performed well in Q1

Power stocks rose collectively. As of press release, Huaneng International (00902) rose 3.93% to HK$5.02; Huadian International (01071) rose 2.91% to HK$4.25; and Datang Power (00991) rose 2% to HK$1.53.

Zhitong FinanceApr 30 11:34

Huaneng International (600011): Coal and electricity costs dropped significantly, 24Q1 performance exceeded expectations

Incident: The company released its report for the first quarter of '24. 2024Q1 achieved operating income of 65.367 billion yuan, +0.15% year-on-year, and net profit to mother of 4.596 billion yuan, +104.25% year-on-year. 24Q

光大證券Apr 28 00:00

Huaneng International (600011): Thermal Power Achieves Excellent Profits, Releasing Company Performance Flexibility

Description of the incident: The company released a report for the first quarter of 2024: in the first quarter of 2024, the company achieved operating income of 65.367 billion yuan, an increase of 0.15% over the previous year; achieved net profit of 4.596 billion yuan, an increase of 104 million yuan over the previous year

長江證券Apr 27 00:00

Huaneng International (600011): Q1 performance exceeded expectations, and thermal power generation profits increased

Incident: The company released the “Report for the First Quarter of 2024”. 2024Q1 achieved operating income of 65.367 billion yuan, +0.15% year-on-year, and achieved net profit of 4.596 billion yuan to mother, +104.2 billion yuan year-on-year

國聯證券Apr 26 15:41

Tianfeng Securities released a research report on April 26 stating that it gave Huaneng International (600011.SH) a purchase rating. The main reasons for the rating include: 1) thermal power: significant improvement in profitability, with a total profit o

Tianfeng Securities released a research report on April 26 stating that it gave Huaneng International (600011.SH) a purchase rating. The main reasons for the rating include: 1) thermal power: significant improvement in profitability, with a total profit of 0.03 yuan; 2) new energy: total wind power profit contributed +23% year-on-year, adding 1.6 GW of installed capacity in Q1; 3) outlook: The profitability of thermal power may continue to improve, and the contribution of new energy performance is expected to accelerate. (Mainichi Keizai Shimbun)

Zhitong FinanceApr 26 10:44