Sichuan Energy achieves profit growth, revenue up 10.9% in first half 2025

Sichuan Energy Investment Development Co. Ltd. announced a robust performance in the first half of 2025, with operating revenue climbing by 10.9% to RMB2,511.8 million, up from RMB2,264.6 million in the same period of 2024. Total profit reached RMB178.9 million, a 4.7% increase, while net profit rose by 6.0% to RMB146.0 million. Net profit attributable to shareholders of the parent company also saw a 5.4% rise, totaling RMB145.3 million.

The growth was primarily attributed to an increase in the scale of the general power supply business, which generated RMB2,141.0 million, and the EECS business, contributing RMB231.7 million. Despite these gains, the gross profit margin experienced a slight decrease from 13.2% to 12.6%. Finance costs notably increased by 91.0% to RMB12.7 million due to higher average bank loan balances.

The company's total assets grew to RMB7,440.9 million as of June 30, 2025, from RMB7,361.5 million at the end of 2024. This increase was mainly due to new power grid construction projects. Inventories decreased by 13.7% to RMB55.7 million, while accounts receivable fell by 13.6% to RMB766.5 million, reflecting strengthened collection management.