SINO GAS HLDGS (01759) issues profit warning, expecting to turnaround from loss to profit in the first half of the year to approximately 500,000 - 700,000 yuan year-on-year.

SINO GAS HLDGS (01759) announced that the group expects to achieve a net profit of approximately 500,000 to 700,000 yuan in the first half of 2026, compared to a net loss of about 3.6 million yuan in the same period of 2025. The board believes that the group's mid-term performance is expected to turn from a loss to a profit, mainly driven by the following factors: the group continues to implement various cost control measures, including optimizing the management structure, enhancing personnel efficiency, strictly controlling various expenditures, and reducing fixed costs due to a shrinkage in gas station scale; in addition, improvements in mid-term investment income, foreign exchange gains and losses, and net interest income compared to the same period last year partially offset the negative impact of a decline in gross profit caused by the electric vehicle substitution effect and intensified market competition, enabling the mid-term performance to turn from a loss to a profit.