Hunan Chen Dian International Development Co LtdExpects 69.78% rise in net profit, driven by cost cuts and efficiency gains.

Chenzhou International has disclosed its earnings forecast, expecting net profit attributable to the parent of 44 million yuan in the first half of 2026, up 69.78% year-on-year. Deducted non-recurring net profit is expected to be 54 million yuan, up 1,101.58% year-on-year. The company said the profit growth mainly stems from continuously deepening the six major campaigns, focusing on improving the quality and efficiency of its core power supply business, and coordinating three main lines of reducing losses, cutting expenses, and lowering costs. This includes lowering the comprehensive power supply line loss rate, reducing financial expenses, and accelerating the construction and grid connection of new energy projects for power generation. At the same time, abundant rainfall in the first half of the year increased the share of low-cost power sources and reduced the cost of purchased electricity. Based on the closing price on July 14, Chenzhou International currently has a price-to-earnings ratio of about 29.2 times, a price-to-book ratio of about 0.77 times, and a price-to-sales ratio of about 0.66 times. The company is mainly engaged in power supply and water supply, and has also laid out businesses in industrial gases, hydropower development, sewage treatment, new energy development, and integrated energy services.
Hunan Chen Dian International Development Co LtdExpects 69.78% rise in net profit, driven by cost cuts and efficiency gains.