Henan Yuneng Holdings (001896.SZ) announced the 2024 interim performance forecast. The net income attributable to shareholders of listed companies for the reporting period is expected to be a loss of 38 million yuan to 54 million yuan, a decrease from a loss of 583.2999 million yuan in the same period last year. After deducting non-recurring gains and losses, the net income is expected to be a loss of 59 million yuan to 75 million yuan, a decrease from a loss of 646.8509 million yuan in the same period last year. The basic earnings per share are expected to be a loss of 0.0249 yuan/share to 0.0354 yuan/share.
The company expects a year-on-year decrease in net income attributable to shareholders of listed companies in the first half of 2024, mainly due to an increase in electricity generation and a decrease in coal purchase prices, resulting in improved business performance in the power generation business.