Huayin Electric Power expects first-half 2026 net profit attributable to parent to drop 73.37%–78.21% year-on-year

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Huayin Electric Power has released its first-half 2026 earnings forecast, estimating net profit attributable to shareholders of the listed company at 45 million to 55 million yuan, a year-on-year decline of 73.37% to 78.21%. The profit drop is mainly due to a roughly 45% year-on-year increase in hydropower generation during Hunan Province's high-water season, squeezing out thermal and new energy generation, while spot market electricity prices fell and thermal capacity tariffs were not fully reflected in the first five months.

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