Hexing Electric Power released its performance for the first half of the year, with a net profit attributable to the parent company of 396 million yuan, a decrease of 25.74%

Hexing Electric Power released its semi-annual report for 2025, with operating revenue of 1.924 billion yuan, a year-on-year decrease of 14.67%; net profit attributable to the parent company was 396 million yuan, a year-on-year decline of 25.74%. The net profit after deducting non-recurring gains and losses was 376 million yuan, a year-on-year decrease of 28.09%. The basic earnings per share were 0.82 yuan. The reasons for the revenue decline include delays in domestic project performance and fluctuations in overseas demand, while the company increased counter-cyclical investments leading to an increase in expenses