Tianjin Jinran Public Utility (01265.HK): Net loss of 44.2644 million yuan in 2025

Gelonghui March 31丨Tianjin Jinneng Public (01265.HK) announced its full-year 2025 results. For the reporting period, the Group recorded revenue of approximately RMB 1.592 billion, representing a year-on-year decrease of approximately 0.20%. The gross profit margin for the reporting period was -1.35% (last year: gross profit margin -2.05%). The loss for the period attributable to ordinary equity holders of the Company was approximately RMB 44.2644 million (last year: loss for the period attributable to ordinary equity holders of the Company of RMB 46.3291 million). During the reporting period, the business gross profit margin and total profit increased slightly compared with last year, mainly due to the decline in international natural gas prices, which led to a decrease in the gas source settlement price of the upstream gas source company, Tianjin Jinneng China Resources Gas Co., Ltd.

In 2025, the international energy landscape underwent profound adjustments, and the transition of domestic energy accelerated. The Group maintained stable operations, strengthened compliance, expanded into new areas, ensured steady operations in its core gas business, and orderly expanded its integrated energy new business. In 2025, the Group continued to reinforce its safety foundation, focused on market consolidation and expansion, improved user experience, continued to safeguard people’s livelihoods, and strengthened internal fine-grained management, driving overall operational and management performance to remain stable and improve. Compliance governance and sustainable development capabilities continued to strengthen.