Tianjin Jinran Public Utility (01265.HK) has issued a profit alert, expecting a net profit attributable to shareholders of approximately 2.4 million yuan for the first half of the year, turning from loss to profit compared to the same period last year.

Zhiyuan Financial APP reported that Tianjin Jiran Public Utilities (01265.HK) announced that the Group expects to achieve an unaudited consolidated profit attributable to the parent companys shareholders of approximately RMB 2.4 million for the six months ending June 30, 2026 (compared to a loss of RMB 28.6 million attributable to the parent companys shareholders for the six months ended June 30, 2025). The Company believes that the main factors contributing to the improvement in operating performance include: a significant increase in the sales volume of pipeline gas, attributed to (among other things) the increased demand for natural gas from large users during the reporting period compared to the six months ended June 30, 2025; and the Companys implementation of lean management, resulting in a significant reduction in operating costs during the reporting period.