Concord New Energy warns 2025 profit attributable to equity holders will drop over 80%

Reuters

02/20

Concord New Energy warns 2025 profit attributable to equity holders will drop over 80%

Concord New Energy Group Ltd. warned that it expects unaudited profit attributable to equity holders for the year ended 31 December 2025 to drop by more than 80% year-on-year, versus about RMB800 million in 2024. The group said the decline was driven by weaker power generation revenue and margins, a one-time reversal of previously recognized subsidy revenue, fair-value losses and impairments, and the absence of a prior-year tax-related non-recurring gain, while cash generated from operating activities increased compared with 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Concord New Energy Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260220-12027032), on February 20, 2026, and is solely responsible for the information contained therein.

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The group said the decline was driven by weaker power generation revenue and margins, a one-time reversal of previously recognized subsidy revenue, fair-value losses and impairments, and the absence of a prior-year tax-related non-recurring gain, while cash generated from operating activities increased compared with 2024.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Concord New Energy Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260220-12027032), on February 20, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1558","symbol_name":"风电股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260220:nNDL7Hzh13:1","article_id":"2612665102","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612665102","pubTimestamp":1771584940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Concord New Energy Group Ltd. warned that it expects unaudited profit attributable to equity holders for the year ended 31 December 2025 to drop by more than 80% year-on-year, versus about RMB800 million in 2024. 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The group said the decline was driven by weaker power generation revenue and margins, a one-time reversal of previously recognized subsidy revenue, fair-value losses and impairments, and the absence of a prior-year tax-related non-recurring gain, while cash generated from operating activities increased compared with 2024.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Concord New Energy Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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