CH RENEW EN INV (00987.HK): Expects H1 Turnaround to Net Loss of HKD 9-10 Million

NewTimeSpace News: On 19 August 2026, CH RENEW EN INV (00987.HK) issued a profit warning, expecting an H1 net loss of HKD 9-10 million, versus a net profit of approximately HKD 31.0 million a year earlier, driven by lower wind resources and a higher curtailment rate.

NewTimeSpace News: On 19 August 2026, China Renewable Energy Investment Limited (stock code: 00987) issued a profit warning, expecting a net loss of approximately HKD 9.0 million to HKD 10.0 million for the first half of 2026, turning around from a net profit of approximately HKD 31.0 million in the prior-year period.

The announcement attributed the turnaround mainly to lower wind resources and a higher curtailment rate. The unaudited interim results are expected to be published by the end of August 2026.

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