CHINANEWENERGY (01156) issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately 3.72 million yuan, a year-on-year decrease.

CHINANEWENERGY (01156) announced that the Group expects to incur a loss attributable to the owners of the Company of approximately RMB 3.72 million for the six months ending in mid-2026, compared to a loss of approximately RMB 7.85 million attributable to the owners of the Company for the six months ended June 30, 2025. The reduction in losses compared to the six months ended June 30, 2025, is primarily due to the following factors: (1) An increase in gross profit margin of approximately 25.7%. (2) A profit from the Group's share of the results of associates of approximately RMB 140,000 (compared to a loss of approximately RMB 1.25 million for the six months ended June 30, 2025). (3) Other income of approximately RMB 1.07 million (compared to approximately RMB 170,000 for the six months ended June 30, 2025).