Foran Energy reports mixed Q3 results: assets up, cash flow drops

Foran Energy Group announced its Q3 2025 financial results, with total assets reaching RMB 21,051,979,314.89, an increase of 9.01% from the previous year-end. Total operating revenue for the nine-month period ending September 30, 2025, rose by 5.38% to RMB 23,501,474,128.61, driven primarily by expansion in supply chain and other businesses, and increased natural gas supply volume. Net profit attributable to shareholders increased by 6.07% to RMB 490,306,728.66.

Despite revenue growth, the company experienced a 57.74% decrease in net cash flow from operating activities, totaling RMB 523,694,130.45 for the first nine months of 2025. This was mainly attributed to increased inventory holdings to support overall business expansion. Basic and diluted earnings per share both decreased by 8.57% to RMB 0.32, while the weighted average return on net assets declined by 2.10% to 8.86%.