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Huayou Energy (01251) expects profit attributable to shareholders for the medium term to be no more than 8 million yuan, turning a year-on-year loss into a profit
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According to the Zhitong Finance App, Huayou Energy (01251) issued an announcement. It is expected that the Company will turn a loss into a profit for six months ending June 30, 2026 (this period), and will record a profit attributable to equity holders of the Company of no more than RMB 8 million, while the loss attributable to equity holders attributable to the Company during the same period last year was approximately RMB 47.9 million.

According to the preliminary assessment of management accounts and the data currently available to the Company, the Board of Directors believes that this increase was mainly due to the continuous optimization of the Group's overseas market layout during this period, and the steady increase in overseas project workload; and the cost control measures that the Group continued to implement had remarkable results, and the profitability of the project increased.

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