Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
February 01 2021 - 8:20AM
Edgar (US Regulatory)
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934
For the month of January 2021
(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
(Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes No X
(If "Yes" is marked, indicate below the file number assigned to registrant in
connection with Rule 12g3-2(b): 82-__________.)
N/A
Huaneng Power International, Inc.
Huaneng Building,
6 Fuxingmennei Street,
Xicheng District,
Beijing, 100031 PRC
This Form 6-K consists of:
An announcement regarding estimated profit increase in 2020 of Huaneng Power International, Inc. (the "Registrant"), made by the Registrant on January 30, 2021.
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for
the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this
announcement.
ANNOUNCEMENT REGARDING THE ESTIMATED
PROFIT INCREASE IN 2020
IMPORTANT NOTICE:
Huaneng Power International, Inc. (the “Company”) estimated that, according to the PRC Accounting Standards, the net profit attributable to its shareholders as
compared with the same period of the previous year (before restatement) is expected to increase by RMB2.44 billion to RMB2.94 billion,
representing a year-on-year increase of 145% to 174%. As compared to the same period last year (after restatement), it is
expected to increase by RMB2.56 billion to RMB3.06 billion, representing a year-on-year increase of 163% to 195%.
From 1 January 2020 to 31 December 2020.
The main reasons for the increase in the Company’s performance in the current period: due to the significant
year-on-year decline in domestic coal purchase prices, the significant decrease in finance expenses year-on-year, and the turnaround of the Tuas project in Singapore, the Company’s profitability increased significantly. But at the same time the
Company’s domestic electricity sales and average on-grid electricity settlement prices have declined year-on-year, and an impairment arising from some units affected by increases in regional coal prices, insufficient demand, insufficiencies in
capacity and competitiveness, etc. has lowered the growth of profit of the Company.
The Company has no major uncertain factors that may affect the accuracy of the content of this announcement.
The financial information above is only a preliminary estimate and has not be audited by certified public
accountants. Detailed financial information of the Company will officially be disclosed after audit in the 2020 Annual Report of the Company. Potential investors should exercise caution when dealing in the shares of the Company.
As at the date of this announcement, the directors of the Company are:
Beijing, the PRC
30 January 2021
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the under-signed, thereunto duly authorized.
Date: January 30, 2021
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