Blue Sky Gas (605368.SH) released semi-annual results, with net profit of 159 million yuan to mother, a year-on-year decrease of 22.35%

According to the Zhitong Finance App, Blue Sky Gas (605368.SH) disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating income of 2.175 billion yuan, a year-on-year decrease of 3.49%; net profit to mother of 159 million yuan, a year-on-year decrease of 22.35%; deducted non-net profit of 154 million yuan, a year-on-year decrease of 23.04%; and basic earnings per share of 0.22 yuan.

The main reasons for the year-on-year decline in income statement indicators in the first half of 2026 are: 1. Weak demand for downstream natural gas and year-on-year decline in natural gas sales and gross margin; 2. Due to the downturn in the real estate market, urban installation business declined year on year, and installation business in the township market increased, leading to a decline in overall installation gross margin; 3. Residential gas prices did not go well in a timely manner, and residential gas costs were not channeled in a timely manner.