ST Jinhong disclosed its earnings forecast, expecting net profit attributable to shareholders of the listed company of 11 million to 15 million yuan for the first half of 2026, compared with a loss of 30.2324 million yuan in the same period last year, turning from loss to profit year on year. Net profit after deducting non-recurring items remains in the red, with a loss range of 4.3494 million to 8.3494 million yuan, compared with a loss of 22.2494 million yuan in the same period last year. The company said the turnaround in net profit attributable to the parent was mainly due to the combined impact of non-recurring items such as debt restructuring gains, reversal of provisions, and debt default penalties, while the loss after deducting non-recurring items mainly stemmed from financial expenses during the reporting period. Basic earnings per share are expected to be between 0.0162 yuan and 0.022 yuan.
PetroChina Jinhong Energy Investment Co LtdExpects net profit attributable to parent of 11-15 million yuan in H1 2026, turning from loss to profit year-on-year.