Huaneng Renewables Corporation Limited provided earnings guidance for the six months ended 30 June 2016. For the period, the company expects net profit attributable to the shareholders of the company is expected to increase by more than 50% compared to the corresponding period last year. The Company is of the view that the expected increase in net profit attributable to the shareholders of the company is mainly due to the following factors: significant advantage embodied in the layout of newly installed capacity, and the promotion for the profitability of existing capacity has met expectation, which contributed to the improvement of power generation and utilisation hours of the company together. Therefore, the company's profitability is further enhanced; the measures taken by the company to increase revenue and reduce cost have been proven effective.