Fujian Funeng Co Ltd

Fujian Funeng Co., Ltd. produces and sells electricity and heat in China through its Electrical Power and Textile segments. Its power generation includes wind, natural gas, cogeneration, coal-fired pure condensing, and photovoltaic sources. The company also manufactures industrial textiles such as woven fabrics and needle-punched and spunlace non-woven fabrics, and is involved in new energy investment, development, construction, operation, and maintenance, as well as PU leather manufacturing, ash utilization, hydropower and thermal power generation, power transmission and distribution, knitwear and clothing, and power facility installation, testing, and repair. As of December 31, 2025, total installed capacity was 6,152,000 kilowatts, comprising 1,809,000 kilowatts of wind power, 1,560,000 kilowatts of natural gas power, 1,341,100 kilowatts of combined heat and power, 1,320,000 kilowatts of condensing power, and 121,900 kilowatts of photovoltaic power. Based in Fuzhou, China, it operates as a subsidiary of Fujian Energy Group Co., Ltd.

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Funeng Co. reports first-half 2026 net profit of 1.328 billion yuan, down 0.63% year-on-year

Funeng Co. released its 2026 interim report, with net profit attributable to the parent company of 1.328 billion yuan, a decrease of 0.63% compared with the same period last year. Total operating revenue was 6.558 billion yuan, up 2.96% year-on-year. Net cash inflow from operating activities was 1.678 billion yuan, up 3.54% year-on-year. The company's latest asset-liability ratio was 40.95%, gross margin was 27.85%, return on equity was 4.78%, and diluted earnings per share was 0.48 yuan.

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Funeng Shares Releases 2026 Interim Report, Proposes Cash Dividend of 0.71 Yuan per 10 Shares

Funeng Shares released its 2026 semi-annual report on August 22. In the first half of the year, the company achieved total operating revenue of 6.558 billion yuan, up 2.96 percent year on year. Net profit attributable to the parent company was 1.328 billion yuan, down 0.63 percent year on year. Non-GAAP net profit was 1.306 billion yuan, down 0.79 percent year on year. The company plans to distribute a cash dividend of 0.71 yuan per 10 shares, tax included, to all shareholders. During the reporting period, basic earnings per share were 0.48 yuan, the weighted average return on equity was 4.93 percent, and net cash flow from operating activities was 1.678 billion yuan, up 3.54 percent year on year.

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