Concord New Energy FY2025 profit attributable to equity shareholders drops 82.6% to RMB140 million; revenue falls 7.6% to RMB2.54 billion

Reuters03-26

Concord New Energy FY2025 profit attributable to equity shareholders drops 82.6% to RMB140 million; revenue falls 7.6% to RMB2.54 billion

Concord New Energy published an annual results announcement for the year ended Dec. 31, 2025, reporting revenue of RMB2.5 billion, down 7.6%.
Profit attributable to equity shareholders was RMB139.7 million, down 82.6%, and basic earnings per share were RMB1.78 cents, down 82.3%.
Gross profit was RMB1.0 billion, down 31.5%, while finance costs were RMB633.7 million, down 7.3%.
Management said results were pressured by higher wind and solar curtailment in China, weaker resources than the prior year, and lower comprehensive electricity tariffs.
Net assets were RMB8.7 billion, down 2.9%, and management said 2026 will remain challenging with continued pressure expected from China’s supply-demand imbalance and potential further curtailment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Concord New Energy Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260326-12069180), on March 26, 2026, and is solely responsible for the information contained therein.

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ID: HKEX-EPS-20260326-12069180), on March 26, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1154","symbol_name":"新能源发电业者","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260326:nNDL4r08B8:1","article_id":"2622855342","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2622855342","pubTimestamp":1774518945,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Concord New Energy FY2025 profit attributable to equity shareholders drops 82.6% to RMB140 million; revenue falls 7.6% to RMB2.54 billion. Concord New Energy published an annual results announcement for the year ended Dec. 31, 2025, reporting revenue of RMB2.5 billion, down 7.6%.Profit attributable to equity shareholders was RMB139.7 million, down 82.6%, and basic earnings per share were RMB1.78 cents, down 82.3%.Gross profit was RMB1.0 billion, down 31.5%, while finance costs were RMB633.7 million, down 7.3%.Net assets were RMB8.7 billion, down 2.9%, and management said 2026 will remain challenging with continued pressure expected from China’s supply-demand imbalance and potential further curtailment.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Concord New Energy Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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