FilingReader Intelligence
Perennial Energy warns of 97% profit plunge
August 4, 2025 at 11:29 AM UTC•By FilingReader AI
Perennial Energy Holdings expects net profit for the six months ended June 30, 2025, to range from 6 million yuan to 100,000 yuan, down 97.6% to 99.9% from 257.6 million yuan in 2024.
The decline stems from falling clean coal prices, geological complexities causing operational delays and higher costs, plus rising compliance expenses.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
HKEX:2798•Hong Kong Exchange
News Alerts
Get instant email alerts when PER ENERGY publishes news
Free account required • Unsubscribe anytime