Xichang Electric Power disclosed its earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be 6.5 million yuan, up 100.62% year-on-year. Deducted non-recurring profit is expected to be 3.7 million yuan. The company said the profit growth was mainly driven by strengthened comprehensive budget management, which reduced non-production controllable expenses by 24.46% year-on-year, enhanced fund management that lowered financial expenses by about 11.98%, and optimization of the electricity mix, which cut purchased electricity volume by about 9.01% year-on-year.
Sichuan Xichang Electric Power Co LtdNet profit up 100.62% YoY driven by cost controls and lower financial expenses.