Hunan Development (000722.SZ) has increased ahead of schedule. The net profit for the semi-year is expected to be 172 million yuan to 201 million yuan, an increase of 318.91% to 391.77% over the previous year

According to the Zhitong Finance App, Hunan Development (000722.SZ) released its 2026 semi-annual results forecast. The company expects to achieve net profit attributable to shareholders of listed companies in the 2026 semi-year, an increase of 318.91% to 391.77% over the same period last year (before restructuring).

During the reporting period, net profit attributable to shareholders of listed companies is expected to increase significantly compared to the same period of the previous year (before restructuring). The main reason is that the company implemented a major asset restructuring. The relevant shares of Hi-Tech Company, Copper Power Company, Qingdian Company, and Xiaodian Company have all been registered under the company's name. The above four companies became the company's holding subsidiaries, and the company's hydropower installation scale increased significantly compared to the same period last year.

During the reporting period, the upstream hydropower plants belonging to the company had abundant incoming water, and the hydropower business sector generated a significant increase in power generation compared to the same period last year.