SDHS New Energy (01250) has issued an announcement regarding its unaudited consolidated management accounts for the six-month period ending June 30, 2026.

Based on a preliminary assessment of the latest available data, the board anticipates that profit attributable to equity holders for the period will range from approximately RMB 139 million to RMB 170 million, compared to approximately RMB 287 million recorded in the corresponding period of 2025.

Why the expected decline in profit? The anticipated reduction is primarily attributed to several factors, including heightened restrictions on power consumption, a decrease in the comprehensive average electricity tariff, and reduced wind and solar resource availability, all of which have collectively contributed to lower power generation revenue compared to the same period last year.