China's Henan Jinma Energy posts wider H1 loss as impairment charges, costs weigh
China's Henan Jinma Energy posts wider H1 loss as impairment charges, costs weigh
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 |
|
Reuters Recommended Reads
Aug 31 - China's Fantasia Holdings H1 revenue falls, loss widens
Aug 31 - China's Central China Management HY revenue falls, posts net loss
Aug 31 - Chinese property developer Agile Group's H1 revenue falls, net loss widens amid weak demand
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)
Recent news on Henan Jinma Energy
See all newsChina's Henan Jinma Energy posts wider H1 loss as impairment charges, costs weigh
Brief: Henan Jinma Energy Expects Rmb1,089 Million Loss Attributable For HY
Brief: Henan Jinma Energy Says People's Court Accepts Winding-Up Petition Against Xinyang Jingang
Brief: Henan Jinma Energy Says Winding-Up Petition Review Hearing Held On 6 June
Brief: Henan Jinma Energy Expects Loss Of RMB527 Million For Year