Chuncheng Heat Reports Interim Results with Net Profit of RMB 106 Million Attributable to Parent, Down 0.79% Year-on-Year

Stock News
Aug 28

CHUNCHENG HEAT (01853) has released its interim results for the 2026 fiscal year, reporting a total operating revenue of RMB 958 million, representing a year-on-year increase of 2.41%. The net profit attributable to shareholders of the parent company stood at RMB 106 million, reflecting a slight decline of 0.79% compared to the same period last year, with earnings per share reaching RMB 0.23.

According to the company's announcement, as of June 30, 2026, the group's total heating area reached 72.74 million square meters, an increase of 2.914 million square meters, or 4.17%, from the 69.826 million square meters recorded during the same period in 2025. The number of heating customers served by the group also saw growth, rising to 597,589 as of June 30, 2026, compared to 572,273 customers in the prior-year period, marking an increase of 25,316 customers, or 4.42%.

For the six months ended June 30, 2026, revenue generated from the heating business totaled RMB 951 million, up RMB 24.98 million, or 2.70%, from RMB 926 million in the corresponding period of 2025.

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