Hunan Development disclosed its earnings forecast, expecting attributable net profit of 172 million to 201 million yuan in the first half of 2026, compared with a profit of 104 million yuan in the same period last year. Deducted non-recurring net profit is expected to be 110 million to 140 million yuan, with basic earnings per share of 0.30 to 0.35 yuan. The profit growth is mainly due to the company's implementation of a major asset restructuring, with the equity of Gaodian Company, Tongdian Company, Qingdian Company, and Xiaodian Company all registered under the company's name, making them controlled subsidiaries, and the installed hydropower capacity has increased significantly compared with the same period last year. At the same time, during the reporting period, the upstream water inflow of the company's hydropower stations was abundant, and the power generation of the hydropower business segment increased significantly compared with the same period last year.
Hunan Fazhan Industrial Co LtdEarnings forecast shows significant profit growth due to asset restructuring and increased hydropower generation.