SEHK:902Renewable Energy
Did 2025’s 3.39% Sales Drop Just Shift Huaneng Power International's (SEHK:902) Investment Narrative?
Huaneng Power International, Inc. recently reported preliminary consolidated electricity sales for the fourth quarter and full year 2025, with power plants in the PRC selling 106.112 billion kWh in the quarter and 437.563 billion kWh for the year, both showing year-on-year declines.
The annual sales decrease of 3.39% highlights a meaningful pullback in electricity demand or utilization across the company’s Chinese fleet, raising questions about underlying operating conditions.
We will now...