GREEN POWER GP Posts Interim Loss Narrowed by 27% on Revenue Surge

Stock News
Aug 31

GREEN POWER GP (01870) has released its interim results for the six months ended June 30, 2026, with revenue climbing 76.56% year-on-year to HK$119 million, while the loss attributable to shareholders narrowed by 27.25% to HK$16.559 million, translating to a basic loss per share of 1.63 HK cents.

According to the company's announcement, the revenue increase was primarily driven by the sustained expansion and deepening market penetration of its renewable energy operations in New Zealand. Additionally, strategic adjustments to its AI-powered electricity trading business successfully reversed its previous performance, and the postponement of several construction projects from 2025 into the first half of 2026 boosted revenue from the permanent gondola (suspended access) business.

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