YUNNAN ENERGY (01298.HK): Expects H1 Net Profit of HKD 7.0-9.0 Million, Turning Around from Loss
NewTimeSpace News: On 13 August 2026, Yunnan Energy International Co. Limited (stock code: 01298) issued a positive profit alert. Based on a preliminary assessment of currently available information and the latest unaudited consolidated management accounts for the six months ended 30 June 2026, the Company expects to record a net profit of HKD 7.0 million to HKD 9.0 million for the period, turning around from a net loss of HKD 2.7 million for the six months ended 30 June 2025.
The announcement attributed the expected turnaround mainly to increased revenue and gross profit from its supply chain business, driven by rising demand for photovoltaic modules and silicon materials, as well as higher dividend income from equity investments.
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