-+ 0.00%
-+ 0.00%
-+ 0.00%
According to CCIC Energy's announcement, the company expects net profit attributable to shareholders of listed companies for the first three quarters of 2026 to be about 700 million yuan, down about 55.79% year on year; net profit after deducting non-recurring profit and loss is about 687 million yuan, down about 55.58% year on year; and basic earnings per share are about 0.375 yuan. The change in performance was mainly due to a decrease in revenue due to a year-on-year decline in power generation and feed-in tariffs during the reporting period. Since July, the sharp rise in coal prices has boosted operating costs, compounded by the decline in profits of participating thermal power companies, leading to a decrease in investment income.
Share
Listen to the news
According to CCIC Energy's announcement, the company expects net profit attributable to shareholders of listed companies for the first three quarters of 2026 to be about 700 million yuan, down about 55.79% year on year; net profit after deducting non-recurring profit and loss is about 687 million yuan, down about 55.58% year on year; and basic earnings per share are about 0.375 yuan. The change in performance was mainly due to a decrease in revenue due to a year-on-year decline in power generation and feed-in tariffs during the reporting period. Since July, the sharp rise in coal prices has boosted operating costs, compounded by the decline in profits of participating thermal power companies, leading to a decrease in investment income.
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