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An announcement from Puxing Energy Ltd. ( (HK:0090) ) is now available.
Puxing Energy Limited has warned investors that profit attributable to shareholders for 2025 is expected to fall sharply to about RMB33 million–RMB39 million, compared with RMB59.9 million a year earlier. This implies a year-on-year decline of roughly 35% to 45% in earnings, according to a preliminary review of unaudited management accounts.
The company attributed the lower profit mainly to reduced consolidated earnings following the 2025 disposal of a 51% stake in Zhejiang Puxing Deneng Natural Gas Power and its subsidiary Quzhou Puxing Gas Turbine Thermal Power. Puxing plans to publish its audited 2025 annual results by the end of March 2026, and has urged shareholders and potential investors to exercise caution when dealing in its shares ahead of the final figures.
The most recent analyst rating on (HK:0090) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Puxing Energy Ltd. stock, see the HK:0090 Stock Forecast page.
More about Puxing Energy Ltd.
Puxing Energy Limited is a Hong Kong-listed company incorporated in the Cayman Islands that operates in the energy and power generation sector. The group has holdings in natural gas power and thermal power businesses in mainland China, reflecting a focus on gas-fired electricity generation and related thermal energy services within regional markets such as Zhejiang and Quzhou.
Average Trading Volume: 201,851
Technical Sentiment Signal: Buy
Current Market Cap: HK$499.9M
Find detailed analytics on 0090 stock on TipRanks’ Stock Analysis page.