Star Electric (600101.SH)'s net profit of 53.1462 million yuan in the first half of the year decreased by 27.91% year-on-year

According to Zhitong Finance App News, Star Power (600101.SH) released its 2026 semi-annual performance report. During the reporting period, the company achieved total operating revenue of 1,558 billion yuan, an increase of 2.25% over the same period last year; net profit attributable to shareholders of listed companies was 53.1462 million yuan, a decrease of 27.91% over the same period last year.

During the reporting period, the company's net profit attributable to shareholders of listed companies decreased by 27.91% year-on-year, mainly due to a decrease in the average price of electricity sales: first, structural changes on the electricity sales side, a decrease in the level of electricity prices per unit; second, the continuation of the time-sharing electricity price policy and the overall decline in market-based electricity prices, which together lowered the average price.