China Energy Engineering reports stable growth in first half 2025

China Energy Engineering Corporation reported a positive performance in the first half of 2025, with operating income increasing by 9.18% year-on-year to 212.09 bn yuan. Total profit also saw a rise of 5.49% to 6.56 bn yuan, while net profit attributable to shareholders of the listed company grew by 0.72% to 2.80 bn yuan. The company’s total assets reached 938.73 bn yuan, an 8.02% increase from the end of last year.

The company continued to advance its strategic emerging industries, with operating income from these sectors increasing by 14.6% year-on-year, accounting for 37.3% of total operating income. The energy storage business accelerated, highlighted by the Hubei Yingcheng Compressed Air Energy Storage Power Station Demonstration Project achieving full capacity grid-connected power generation. The hydrogen energy business also boomed, with over 50 green hydro-aminol and sustainable aviation fuel projects reserved.

The total amount of newly signed contracts for the period was 775.35 bn yuan, an increase of 4.98% year-on-year. Core businesses in energy power and water conservancy contributed significantly, with increases of 3.12% and 18.58% respectively in newly signed contracts. The company's gearing ratio stood at 77.72%, up 1.41 percentage points from the beginning of the year.