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Huaneng Power International, Inc.: 2014 First Quarter Net Profit Increasing 44.22% YOY [Global Data Point](Global Data Point Via Acquire Media NewsEdge) The increase is mainly attributable to the decrease of domestic coal price and increase of power generation compared with the same period last year. Encl: The unaudited summary financial information of the Company for the three months ended March 31, 2014. The summary financial information is published under the listing regulations of the China Securities Regulatory Commission. The summary financial information was prepared in accordance with "Accounting Standards for Business Enterprises" of the People's Republic of China ("PRC GAAP"), which differs from the International Financial Reporting Standards ("IFRS") and the accounting principles generally accepted in the United States of America ("US GAAP"). No reconciliation with IFRS or US GAAP has been made in the presentation of the summary financial information. (c) 2014 GlobalData Provided by Syndigate.info, an Albawaba.com company |