Core Viewpoint - New天绿色能源 reported a decline in revenue and net profit for the six months ending June 30, 2025, primarily due to reduced demand in the natural gas sector and unfavorable weather conditions impacting heating needs [1][2] Group 1: Financial Performance - The company achieved operating revenue of RMB 10.904 billion, a year-on-year decrease of 10.16% [1] - Net profit attributable to shareholders was RMB 1.412 billion, down 1.23% year-on-year [1] - Basic earnings per share stood at RMB 0.34 [1] Group 2: Wind Power Operations - The company's controlled wind farms generated 8.065 billion kWh, an increase of 8.34% year-on-year [1] - Average utilization hours for wind farms were 1,235 hours, up 23 hours from the previous year, exceeding the national average of 148 hours [1] - The average wind turbine availability rate was 97.62%, a decrease of 0.44 percentage points year-on-year [1] - The curtailment rate was 16.85%, an increase of 9.04 percentage points year-on-year [1] Group 3: Natural Gas Business - Total gas transmission/sales volume was 2.814 billion cubic meters, a decrease of 17.07% year-on-year [2] - Sales volume was 2.578 billion cubic meters, down 14.56% year-on-year, with wholesale gas volume at 1.145 billion cubic meters, a decrease of 6.55% [2] - Retail gas volume was 0.907 billion cubic meters, down 14.36% year-on-year, primarily due to higher temperatures in the first quarter reducing heating demand [2] - CNG sales volume decreased by 33.74% to 0.027 billion cubic meters, attributed to a shrinking CNG market [2] - LNG sales volume was 0.498 billion cubic meters, down 27.94% due to a relaxed supply and low prices [2] - The company operated a total of 9,944.68 kilometers of pipelines and various gas stations as of June 30, 2025 [2]
新天绿色能源(00956)发布中期业绩，归母净利润14.12亿元 同比减少1.23%