CGN New Energy released a profit warning indicating that profit attributable to equity shareholders for the six months ended 30 June 2026 is expected to fall by approximately 49.80% versus the same period in 2025.

Management attributes the downturn to two main factors:

1. Lower tariffs and reduced power generation at mainland wind projects, which directly pressured revenue and margins.

2. The absence of a disposal gain recorded in H1 2025 from the sale of a PRC cogeneration project. Without that one-off gain, profit for H1 2026 is projected to be about 41.30% lower than the adjusted prior-year figure.

The figures are derived from the group’s unaudited consolidated management accounts and may change when the interim results are released in late August 2026. Shareholders and prospective investors are urged to exercise caution in dealing in the company’s securities.