Huadian Power International Corporation (1071) Q2 2025 earnings summary

Executive summary

• Operating revenue for the first half of 2025 was RMB59,953 million, down 8.98% year-over-year, mainly due to lower power generation and tariffs, and coal trading optimization.

• Net profit attributable to shareholders rose 13.15% year-over-year to RMB3,904 million; basic EPS increased 22.22% to RMB0.33.

• Interim dividend of RMB0.09 per share (tax inclusive) proposed, totaling RMB1,045 million, pending shareholder approval.

• Major asset acquisitions and share issuances completed, expanding installed capacity and asset base.

Financial highlights

• Operating revenue: RMB59,953 million, down 8.98% year-over-year.

• Net profit attributable to shareholders: RMB3,904 million, up 13.15% year-over-year.

• Basic EPS: RMB0.33, up 22.22% year-over-year.

• Operating costs: RMB53,525 million, down 11.18% year-over-year; fuel costs fell 13.28%.

• Total profit: RMB5,944 million, up 16.29% year-over-year.

• Finance costs: RMB1,635 million, down 14.63% year-over-year.

• Net cash inflow from operating activities: RMB15,463 million, up from RMB8,265 million in 2024.

Outlook and guidance

• Second half of 2025 expected to see stable economic performance but faces external uncertainties.

• Company to focus on flexible dispatch, cost control, and market-oriented operations to maintain competitiveness.

• Coal market volatility anticipated; procurement and inventory strategies to be optimized.

• Environmental compliance costs expected to rise due to stricter carbon and pollution regulations.