Foran Energy Group Co Ltd

Foran Energy released its 2026 semi-annual report, with net profit attributable to shareholders of 330 million yuan in the first half, up 6.57% year on year. Total operating revenue for the same period was 13.07 billion yuan, down 14.78% year on year. Net profit excluding non-recurring items was 361 million yuan, up 17.83% year on year. Net cash flow from operating activities was 1.348 billion yuan, up 96.57% year on year. Basic earnings per share were 0.21 yuan, and the weighted average return on equity was 5.70%.

Foran Energy disclosed its first-half 2026 performance flash report, with attributable net profit reaching 330 million yuan, up 6.48% year-on-year. During the reporting period, the company's operating revenue was 13.039 billion yuan, down 14.99% year-on-year; recurring net profit was 307 million yuan, up 0.19% year-on-year; basic earnings per share were 0.21 yuan, and the weighted average return on equity was 5.55%. Based on the closing price on July 14, the company's price-to-earnings ratio was about 12.66 times, price-to-book ratio about 3.43 times, and price-to-sales ratio about 0.41 times. The company's main businesses cover city gas, new energy, technology R&D and equipment manufacturing, energy chemical services, and extended operations.