China Energy Engineering released its 2026 half-year report. Net profit attributable to the parent in the first half was 2.28 billion yuan, down 18.7% year on year. Operating revenue was 208.31 billion yuan, down 1.8% year on year. Net profit attributable to the parent after deducting non-recurring items was 1.83 billion yuan, down 27.3% year on year. Net operating cash flow was negative 23.544 billion yuan, down 75.7% year on year. In the second quarter, operating revenue was 106.29 billion yuan, down 4.9% year on year, and net profit attributable to the parent was 824 million yuan, down 30.8% year on year. As of the end of the second quarter, total assets were 976.735 billion yuan, up 3.7% from the end of the previous year, and net assets attributable to the parent were 125.836 billion yuan, up 4.9%. In terms of business, newly signed contracts in the engineering construction segment amounted to 458.501 billion yuan, down 36.06% year on year, though contract value in the new energy and integrated smart energy sector remained at a relatively high level. Newly signed contracts in the survey, design and consulting segment amounted to 18.744 billion yuan, up 7.69% year on year. Newly signed contracts in the water conservancy and ecological environmental protection segment amounted to 18.396 billion yuan, up 126.44% year on year.
China Energy Engineering Corp LtdFirst-half net profit attributable to parent fell 18.7% YoY, with revenue down 1.8% and cash flow sharply negative.
