FilingReader Intelligence
Jointo Energy forecasts 153% profit surge on acquisition
July 11, 2025 at 09:30 AM UTC•By FilingReader AI
Jointo Energy projects a 153% rise in first-half net profit to 88 billion yuan, driven by its 2024 acquisition of a 50% stake in Jianhe Guodian Zhun Geerqi Energy.
Despite power generation falling 3.7% to 245.73 billion kWh, industrial heating volumes surged 33.5%, contributing to the positive outlook.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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SZSE:000600•Shenzhen Stock Exchange
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