HUANENG POWER INTERNATIONAL, INC. NET LOSS ATTRIBUTABLE TO EQUITY HOLDERS OF THE COMPANY IN 2021 AMOUNTED TO RMB 10.636 BILLION YEAR-ON-YEAR DECREASE 547.27%

BEIJING, March 22, 2022 /PRNewswire/ -- Huaneng Power International, Inc. (hereinafter referred to as the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) announces the audited operating results of the Company for the year ended 31 December 2021 prepared in accordance with IFRS (International Financial Reporting Standards): the Company realized consolidated operating revenue of RMB204.605 billion (calculated based on the conversion price of USD to RMB on December 31, 2021, 1 US dollar to RMB6.3757, equivalent to approximately US $32.091 billion), representing an increase of 20.75% compared to the same period last year, and net profit attributable to equity holders of the Company amounted to RMB-10.636 billion (equivalent to approximately US $-1.668 billion), representing a decrease of 547.27% as compared with the same period last year. Earnings per share amounted to RMB-0.81 (equivalent to approximately US $-0.13). Earnings per American Depositary Share (ADS) amounted to RMB-32.55 (equivalent to approximately US$-5.105). The main reason for the decrease in profit was that the increase in coal prices negatively affected the profit of domestic power business.

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