China Energy Holdings (00228) announced interim results. Profit attributable to owners of HK$16.42 million increased 51.7% year over year

According to the Zhitong Finance App, China Energy Holdings (00228) announced its 2026 interim results, achieving revenue of HK$98.138 million, a year-on-year decrease of 17.4%; profit attributable to company owners was HK$16.42 million, up 51.7% year on year; and earnings per share were HK3.6 cents.

According to the announcement, the profit increase was mainly due to revenue of about HK$3.6 million from the sale of subsidiaries during the period. The reason was that the book amount of cash-generating units that offset the property, plant and equipment and intangible assets of the Kashi project was equal to the recoverable amount. The income tax credit for the period was about HK$7.2 million, which was converted from income tax expenses of approximately HK$7.1 million in the same period last year.