CNPC Clean Energy Holdings (01759) is expecting the first half of the year's results to turn a year-on-year loss into a profit of about 500,000 to 700,000 yuan

Zhitong Finance App News, CNPC Clean Energy Holdings (01759) announced that the group expects to make a net profit of about 500,000 to 700,000 yuan in the first half of 2026, while a net loss of about 3.6 million yuan for the same period in 2025.

The Board of Directors believes that the Group's mid-term performance forecast is changing from loss to profit. The main driving factors are as follows: the Group continues to implement various cost control measures, including optimizing the management structure, improving manpower efficiency, strictly controlling various expenses, and reducing fixed costs due to the contraction of gas stations; in addition, the net income and expenditure on exchange, and net interest income and expenditure have improved compared to the same period last year. These favorable factors partially offset the negative impact of the decline in gross profit due to the substitution effect of electric vehicles and increased market competition, and realized the transition of mid-term results from loss to profit.