Hubei Energy Group Co Ltd

Hubei Energy released its 2026 interim report, with total operating revenue of 8.697 billion yuan, up 2.40% year-on-year; net profit attributable to the parent company was 1.095 billion yuan, up 14.46% year-on-year. Net cash inflow from operating activities was 3.78 billion yuan, up 39.32% year-on-year. The company's asset-liability ratio was 55.09%, down 3.92 percentage points from the same period last year; gross margin was 29.88%, rising for two consecutive quarters and up 6.12 percentage points from the same period last year. Diluted earnings per share were 0.15 yuan, the number of shareholders was 74,800, and the top ten shareholders held 84.20% of the total share capital.

Hubei Energy released its semi-annual report for 2026, achieving operating revenue of 8.697 billion yuan, up 2.4% year-on-year; net profit attributable to shareholders of the listed company was 1.095 billion yuan, up 14.46% year-on-year. The profit growth was mainly due to increased domestic hydropower generation and higher overseas spot electricity prices. Among them, second-quarter net profit was 589 million yuan, up 16% quarter-on-quarter.

Hubei Energy announced that cumulative power generation this year reached 26.087 billion kilowatt-hours, up 5.22% year-on-year. Hydropower generation surged 76.72% year-on-year, while thermal power and new energy generation fell 15.55% and 8.78% respectively. In July alone, the company generated 3.789 billion kilowatt-hours, down 12.66% year-on-year, with hydropower edging up 0.32%, and thermal power and new energy declining 18.58% and 3.59% respectively. The company cautioned that generation data is preliminary and may vary significantly from month to month, with final figures subject to periodic reports.

Hubei Energy announced that Unit 2 of the Jiangling Phase II project recently passed a 168-hour full-load trial run and officially entered commercial operation, marking the full completion and commissioning of the project. The project is equipped with two 660-megawatt ultra-supercritical double-reheat coal-fired units, with a total investment not exceeding 5.465 billion yuan. The project is controlled and operated by Hubei Energy Group Jiangling Power Generation Company, a wholly-owned subsidiary of Hubei Energy. It adopts 660-megawatt ultra-supercritical double-reheat technology, with advanced key technical indicators, aligning with the modern clean development direction of coal-fired power.

Hubei Energy disclosed its June power generation data, with the monthly output reaching 4.069 billion kilowatt-hours, an increase of 11.51 percent year-on-year. Hydropower generation was 1.837 billion kilowatt-hours, surging 37.60 percent year-on-year; thermal power generation was 1.501 billion kilowatt-hours, down 4.27 percent year-on-year; and new energy generation was 731 million kilowatt-hours, down 2.01 percent year-on-year. The company's cumulative power generation for the year reached 22.298 billion kilowatt-hours, up 9 percent year-on-year. The company cautioned that the above data are preliminary statistics and may be subject to significant fluctuations due to weather, water inflows and other factors, reminding investors not to simply extrapolate performance based on these figures.