GREEN ENERGY GP (00979) issues profit warning, expects annual loss attributable to shareholders to narrow year-on-year to approximately HK$11 million to HK$14 million

GREEN ENERGY GP (00979) has announced that the Group is expected to record a loss attributable to owners of the Company of approximately HK$11 million to HK$14 million for the year ended 30 June 2026 (FY2026), compared with approximately HK$16 million for the year ended 30 June 2025. The Board considers that the decrease in loss was primarily attributable to (1) an increase in the gross profit margin of the Group's renewable energy business segment in FY2026 as a result of the rise in market prices of waste cooking oil; (2) a decrease in operating loss of the plastic recycling business following the suspension of operations of the German processing plant in August 2025; and (3) the new AI chip trading business recording an operating profit in FY2026.