CHINA CBM (08270) announces a positive earnings forecast, expecting a net profit of approximately 70 to 80 million yuan for the interim period.

01:37 29/08/2026

China Coalbed Methane (08270) announced that the group expects to achieve a net profit not less than RMB 70 million and not exceeding RMB 80 million for the six months ending June 30, 2026, while the preceding six months ending June 30, 2025, are expected to record a net loss. The anticipated turnaround to profitability for the six months ending June 30, 2026, is mainly due to a one-time gain of approximately RMB 75 million from the sale of a subsidiary during the period.

CHINA CBM (08270) announced that the group expects to achieve a net profit of not less than RMB 70 million and not more than RMB 80 million for the six months ending June 30, 2026, while it incurred a net loss for the six months ending June 30, 2025. The anticipated turnaround to profitability for the six months ending June 30, 2026, is mainly due to a one-time gain of approximately RMB 75 million generated from the sale of a subsidiary during the period.

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