China's Henan Jinma Energy posts wider H1 loss as impairment charges, costs weigh

Henan Jinma Energy

31/08/2026 14:41

Overview
China energy producer's half-year revenue rose, but posted large net loss attributable to owners
Net loss driven by impairment losses and increased cost of sales
Results for six months ended June 2026 are unaudited interim figures

Outlook
Company did not provide specific guidance or outlook for future quarters or full year

Result Drivers
IMPAIRMENT LOSSES - Co recorded RMB1.47 bln in impairment losses under expected credit loss model
HIGHER COST OF SALES - Cost of sales rose to RMB4.18 bln from RMB3.33 bln in prior period

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Loss Attributable
 
RMB 1.09 bln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)