Xinjiang Xintianran Gas disclosed its half-year report, with net profit attributable to the parent company in the first half of 2026 at 386 million yuan, down 37.95 percent year-on-year. The company achieved operating revenue of 1.904 billion yuan, down 6.58 percent year-on-year. Deducted non-recurring net profit was 377 million yuan, down 31.10 percent year-on-year. Among this, second-quarter net profit attributable to the parent company was 241 million yuan, down 1.5 percent year-on-year. The company stated that due to the impact of geopolitical conflicts, natural gas purchase costs continued to rise. In the first half, natural gas sales volume was approximately 388 million cubic meters, down about 11.42 percent year-on-year. Total natural gas production was approximately 1.122 billion cubic meters, down about 7.81 percent year-on-year.
Xintai Ntrl GasGeopolitical conflicts raised gas purchase costs, cutting net profit nearly 40%.
