PER ENERGY (02798) issues a profit warning, expecting to incur a net loss of approximately 40 to 50 million yuan after tax in the first half of the year, marking a loss compared to the same period last year.

date
20:34 11/08/2026
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GMT Eight
Jiu Tai Bang Da Energy (02798) announced that the group expects to record a post-tax net loss of approximately 40 million to 50 million yuan in the first half of 2026, compared to a post-tax net profit of about 3 million yuan for the same period in 2025, marking a shift from profit to loss year-on-year.
PER ENERGY (02798) announced that the group expects to incur a post-tax net loss of approximately 40 to 50 million yuan in the first half of 2026, compared to a post-tax net profit of about 3 million yuan for the same period in 2025, marking a shift from profit to loss. The announcement stated that the expected change from net profit to net loss is mainly due to geological faults occurring at the Xiejiahegou coal mine and the thinning of local coal seams, forcing a transition to entirely new underground working faces that require additional resource preparation and development, resulting in a decrease in coal utilization rates. In addition, geological faults at the Hongguo coal mine have adversely affected the recovery rate of washed coal, leading to a reduction in the output of washed coal. Despite ongoing operational efficiency measures, the persistent inflationary cost pressures covering labor, materials, energy, and logistics continue to rise compared to the corresponding period in 2025, further impacting the group's profitability.