Xiehe New Energy (00182.HK) expects the profit attributable to equity holders for the first half of the year to be approximately between 90 million and 110 million yuan.

Zhitong Finance APP reports that Xiehe New Energy (00182.HK) has announced that the group expects to achieve a profit attributable to equity holders of approximately 90 million to 110 million yuan in the first half of 2026, compared to approximately 292 million yuan for the same period last year. The anticipated decline in profit is primarily due to a combination of the dual impacts of grid absorption constraints and climate fluctuations, which have led to a year-on-year decrease in power generation. Additionally, the deepening of market-oriented transactions has caused a downward trend in the average comprehensive electricity price, resulting in a reduction in revenue and profit from the power generation business.