Changchun Gas disclosed its earnings forecast, expecting a net loss attributable to the parent of 21.7893 million yuan in the first half of 2026, compared with a loss of 55.0847 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 29.2157 million yuan, compared with a loss of 66.4416 million yuan a year earlier. During the reporting period, the company's gas sales volume increased by 5.19 percent year-on-year, but the gross profit from operations was still insufficient to cover current operating expenses, resulting in a failure to achieve profitability. Based on the closing price on July 14, Changchun Gas currently has a price-to-earnings ratio of about 140.47 times, a price-to-book ratio of about 1.77 times, and a price-to-sales ratio of about 1.38 times. The company is mainly engaged in the gas sales business.
Changchun Gas Co LtdCompany expects net loss of 21.79 million yuan in H1 2026, though narrower than prior year, still failing to achieve profitability.