China Renewable Energy Investment (00987) has issued a profit warning, anticipating a net loss of approximately HK$9 million to HK$10 million for the six months ending June 30, 2026.

This compares sharply with a net profit of around HK$31 million recorded in the same period of the previous fiscal year, according to a company announcement.

The board attributes the swing from profit to loss primarily to lower wind resources and an elevated curtailment rate during the period.