This
announcement is made by Huaneng Power International, Inc. (the "Company")
pursuant to the requirements of Rules 13.09(1) and 13.09(2) of the Rules
Governing the Listing of Securities on The Stock Exchange of Hong Kong
Limited to provide shareholders of the Company and the public with the
financial information of the Company. This announcement is also
disseminated on the Shanghai Stock Exchange simultaneously. The
information contained in this announcement is only a preliminary estimate
of the Company and is not audited by the Company’s certified public
accountants. Detailed financial information of the Company will be
disclosed in the 2009 Annual Report of the Company. Potential investors
and shareholders of the Company should exercise caution when dealing in
the shares of the Company.
The
Company and all the members of the Board of Directors hereby confirm the
truthfulness, accuracy and completeness of the contents of this
announcement and jointly accept full responsibility for any false
representation, misleading statement or material omission herein
contained.
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I.
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ESTIMATED
RESULTS FOR THE REPORTING PERIOD
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1.
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Period
to which the estimated results applies: From 1 January 2009 to 31 December
2009;
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2.
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Estimated
results: The net profit attributable to the Company’s shareholders as
compared to the period last year increased by more than 100%, thereby
turning the loss to profit;
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3.
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The
estimated results have not been audited or reviewed by certified public
accountants.
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II.
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Results
of the corresponding period last year (Based on the Accounting Standard of
the People’s Republic of China)
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1.
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Net
loss attributable to the Company’s shareholders that have not been
restated: RMB3,701,229,826.00;
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2.
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Loss
per share that have not been restated (based on the net loss attributable
to the Company’s shareholders):
RMB0.31.
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III.
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REASONS
FOR THE CHANGE IN THE RESULTS
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The
reasons of the Company’s profits were mainly due to the decrease in the
purchase price of fuel in the market and hence the fuel costs were
lowered, the tariff adjustments in the second half of 2008 which led to
the increases in the operation revenue of the Company for 2009 and the
profit of the Company’s principal businesses, as well as the contribution
from the newly operated generation units and the Tuas Power
Plant.
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IV.
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RISK
WARNING
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Detailed
financial information will be disclosed in the 2009 Annual Report of the
Company. Potential investors and shareholders of the Company should
exercise caution when dealing in the shares of the
Company.
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Cao
Peixi
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Liu
Jipeng
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(Executive
Director)
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(Independent
Non-executive Director)
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Huang
Long
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Yu
Ning
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(Non-executive
Director)
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(Independent
Non-executive Director)
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Wu
Dawei
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Shao
Shiwei
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(Non-executive
Director)
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(Independent
Non-executive Director)
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Huang
Jian
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Zheng
Jianchao
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(Non-executive
Director)
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(Independent
Non-executive Director)
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Liu
Guoyue
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Wu
Liansheng
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(Executive
Director)
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(Independent
Non-executive Director)
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Fan
Xiaxia
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(Executive
Director)
Shan
Qunying
(Non-executive
Director)
Xu
Zujian
(Non-executive
Director)
Huang
Mingyuan
(Non-executive
Director)
Liu
Shuyuan
(Non-executive
Director)
Beijing,
the PRC
29
January 2010
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