PUXING ENERGY (00090) issued a profit warning, expecting the shareholders' attributable net profit for the year 2025 to be approximately 33 million to 39 million yuan, a decrease of about 34.89% to 44.91% compared to the previous year.

PUXING ENERGY (00090) announced that the group is expecting a decrease in the profit attributable to owners of the company for the year ending December 31, 2025. It is estimated that the profit attributable to owners for the year ending December 31, 2025 should be in the range of approximately RMB 33 million to 39 million, compared to RMB 59.902 million for the year ending December 31, 2024, representing a decrease of approximately 34.89% to 44.91% from the same period last year. The decrease in profit attributable to owners is primarily due to the sale of 51% equity interest in Zhejiang Puxing Natural Gas Power Generation Co., Ltd. and its subsidiary Quzhou Puxing Gas Turbine Cogeneration Co., Ltd. in 2025. This resulted in a decrease in profit within the consolidated scope.