Eastern New Energy: Net profit in the first quarter was a loss of 13.83 million yuan, with a larger loss compared to the same period last year.

On April 30th, Dongfang New Energy released its first quarterly report for the year 2026. The company achieved operating income of 31.5527 million yuan in the first quarter, a year-on-year increase of 338.74%. However, the company suffered a net loss of 13.8313 million yuan, with a widening loss compared to the same period last year. This was mainly due to the company's judicial reorganization taking effect, leading to the overall shift of its business towards a new track in new energy. The operation and production of new businesses drove a significant increase in operating income, but the early layout in the expansion of new businesses led to a substantial increase in operating costs and operating expenses.