CH RENEW EN INV (00987) issued a profit warning, expecting a mid-term net loss of approximately HK$9 million to HK$10 million.
China Renewable Energy Investment (00987) announced that the Group expects to incur a net loss of approximately HKD 9 million to HKD 10 million for the six months ending June 30, 2026, compared to a net profit of approximately HKD 31 million for the six months ending June 30, 2025.
CH RENEW EN INV(00987) announced that the Group expects to experience a net loss of approximately HK$9 million to HK$10 million for the six months ending June 30, 2026, compared to a net profit of about HK$31 million for the six months ending June 30, 2025.
The Board believes that the shift from a net profit for the six months ending June 30, 2025, to a net loss for the six months ending June 30, 2026, is mainly due to lower wind resources and a high electricity curtailment rate.
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