Xinte Energy Shares Surge Over 6% Following Q1 Profit Turnaround

Stock News04-27

Xinte Energy (01799) saw its shares rise more than 6%. At the time of writing, the stock was up 6.64%, trading at HK$6.26 with a turnover of HK$3.88 million. The movement follows a company announcement on the evening of April 24. For the three months ended March 31, 2026, the group reported revenue of RMB 3.899 billion, representing a year-on-year increase of 21.8%. Operating costs were RMB 3.134 billion, and the net profit attributable to shareholders was RMB 228 million. This marks a significant improvement compared to a loss of RMB 260 million in the same period last year. As of March 31, 2026, the group's total assets amounted to RMB 85.545 billion.

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