Changes in Hong Kong stocks | Huadian Power International Power Co., Ltd. (01071) fell more than 2%, Q3 net profit fell 68.3% year on year, putting pressure on the company's thermal power performance

The Zhitong Finance App learned that Huadian Power International Power Co., Ltd. (01071) fell by more than 2%. As of press release, it was down 2% to HK$4.165, with a turnover of HK$8.23,300.

According to the news, recently, Huadian Power International Power Co., Ltd. announced its results for the first three quarters of 2026. The group achieved operating income of 85.69 billion yuan in the first three quarters, a decrease of 10.62% year on year; net profit attributable to shareholders of listed companies was 3,908 billion yuan, a decrease of 39.29% year on year. CICC pointed out that the company's 3Q26 revenue was 31,426 billion yuan, -12.5% year-on-year, and net profit to mother was 803 million yuan, -68.3%; 9M26 achieved operating income of 85.69 billion yuan, -10.6% year over year; net profit to mother was 3.91 billion yuan, or -39.3% year over year, mainly due to profit pressure from the main thermal power industry and a decline in shareholding investment income.

According to CICC estimates, Huadian International Electric Power's 3Q26 core pre-tax profit (plus depreciation, excluding investment income) was about 1.6 cents/kilowatt-hour, or -65.7% compared to the same period last year. In terms of revenue, 3Q26 completed feed-in electricity volume -16.8% year-on-year, and the average feed-in price was about 0.521 yuan/kilowatt-hour, +4.6% year-on-year; in terms of cost, the unit price of 3Q26 imported standard coal was +23.1% year over year.