-+ 0.00%
-+ 0.00%
-+ 0.00%
China's renewable energy investment (00987) is a profit warning. The net loss for the medium term is expected to be around HK$9 million to HK$10 million
Share
Listen to the news

According to the Zhitong Finance App, China Renewable Energy Investment (00987) announced that the Group expects to achieve a net loss of about HK$9 million to HK$10 million for the six months ending June 30, 2026 compared with a net profit of approximately HK$31 million for the six months ending June 30, 2025.

The Board of Directors believes that the shift from net profit for the six months ended June 30, 2025 to net loss for the six months ended June 30, 2026 was mainly due to low wind resources and high electricity limits.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending