Xichang Electric Power: Net profit in the first half of 2026 is expected to be about 6.5 million yuan, up about 100.62% year on year

Xichang Electric Power announced that it expects net profit of about 6.5 million yuan in the first half of 2026, an increase of about 100.62% year over year. The main reasons affecting the change in performance during the reporting period are: (1) strengthening comprehensive budget management to improve quality and efficiency, with non-production controllable expenses down 24.46% year over year; (2) strengthening capital management and strictly controlling the scale of interest-bearing liabilities, resulting in finance costs down by about 11.98%; and (3) continuously improving the quality and efficiency of operational management, strengthening economic dispatch, optimizing the electricity consumption structure, with purchased electricity down about 9.01% year over year. These factors combined account for the impact.
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