JNCEC Reports Interim Results with 31.86% Drop in Net Profit Attributable to Shareholders

Stock News08-29

JNCEC (00579) has released its interim results for the six months ended June 30, 2026, posting revenue of RMB 10.172 billion, a 6.67% decrease year-on-year. Net profit attributable to equity holders amounted to RMB 1.351 billion, reflecting a significant decline of 31.86% compared to the previous year, with basic earnings per share of RMB 0.1639.

During the reporting period, the group achieved total power generation of 20.91 billion kWh, segmented into 7.74 billion kWh from wind, 3.34 billion kWh from solar, 9.50 billion kWh from gas, and 0.33 billion kWh from hydro sources, while heat supply reached 15.562 million GJ. Additionally, the group secured project development targets totaling 305 MW and generated revenue of RMB 10.17 billion, with net profit attributable to equity holders standing at RMB 1.35 billion.

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