Tongbao Energy: Net profit of 314 million yuan in the first half of the year, a year-on-year increase of 24.87%.
Tongbao Energy disclosed its semi-annual report on the evening of August 27th. In the first half of 2025, the company achieved operating income of 5.561 billion yuan, a year-on-year increase of 5.65%; net profit attributable to the parent company was 3.14 billion yuan, a year-on-year increase of 24.87%; and basic earnings per share were 0.2741 yuan. The net profit attributable to the shareholders of the listed company in the reporting period increased compared to the same period of the previous year, mainly due to the company's affiliated thermal power enterprises strengthening fuel management, leading to a decrease in the comprehensive cost of fuel procurement on a year-on-year basis. The affiliated distribution enterprises were affected by the increase in production capacity of some energy enterprises in the region under their jurisdiction, resulting in an increase in electricity sales volume. At the same time, the company's equity investment in coal enterprises increased production compared to the same period last year, leading to an overall improvement in the company's profitability.
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