Beiken Energy swings to loss in 2026 interim report, net loss of 124 million yuan

Earnings
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Beiken Energy released its 2026 interim report, with net profit attributable to the parent company at negative 124 million yuan, swinging from profit to loss compared to the same period last year. The company's total operating revenue was 314 million yuan, down 32.41 percent year-on-year. Gross margin plunged from 21.42 percent in the same period last year to 0.46 percent, and return on equity fell to negative 20.61 percent. Net cash outflow from operating activities was 7.2352 million yuan, and the asset-liability ratio rose to 52.59 percent.

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