TIANJIN JINRAN PUBLIC UTILITIES (01265.HK): Expected H1 Turnaround to Profit with Net Profit of Approximately RMB2.4 Million

NewTimeSpace · 2026/08/11 21:44 · By Zeyu Wu

NewTimeSpace News: TIANJIN JINRAN PUBLIC UTILITIES announced on 11 August that the Group expects to record unaudited consolidated profit attributable to owners of the parent of approximately RMB2.4 million for the six-month period ending 30 June 2026, compared with a loss of around RMB28.6 million in the corresponding period of last year, achieving a turnaround from loss to profit.

NewTimeSpace News: On 11 August 2026, TIANJIN JINRAN PUBLIC UTILITIES (01265.HK) issued a positive profit forecast. Based on preliminary review of the unaudited consolidated management accounts, the Group expects to register profit attributable to owners of the parent of approximately RMB2.4 million for the reporting period, versus a loss of roughly RMB28.6 million recorded in the same period last year, marking a turnaround from loss to profit.

According to the announcement, the improved operating performance is mainly driven by a substantial increase in sales volume of piped gas amid higher natural gas demand from large-scale customers year-on-year. In addition, the Group’s implementation of lean management has significantly cut operating costs and expenses.

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TIANJIN JINRAN PUBLIC UTILITIES 01265.HK