Puxing Energy FY26 H1 profit more than doubled to RMB 31.43 million; revenue drops 54.36% to RMB 111.55 million

• Puxing Energy posted profit attributable to equity shareholders of RMB 31.43 million, more than doubled from a year earlier.
• Revenue fell 54.36% to RMB 111.55 million, while profit from operations dropped 54.22% to RMB 23.72 million.
• Basic earnings per share rose to RMB 0.069, more than doubled year on year.
• Net debt swung to a net cash position of RMB 94.35 million from net debt previously, lifting gearing to -11.43% from 11.05%.
• Management committed to selling 100% of Jingxing Power Plant, classifying RMB 107.89 million of assets as held for sale.

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