Jiangsu Xinneng (603693.SH) sales were pre-cut. Net profit due to the estimated semi-annual net profit of 133 million yuan, a year-on-year decrease of 53%

According to the Zhitong Finance App, Jiangsu Xinneng (603693.SH) announced that the company expects to achieve net profit of about 133 million yuan attributable to owners of the parent company in the first half of 2026, a decrease of about 53% over the previous year.

Domestic wind resources in Jiangsu Province were weak year-on-year during the reporting period, compounded by the adverse effects of an increase in the electricity limit rate and a slight decline in electricity prices, and the company's operating income declined year on year.