Xinyi Energy Earnings: Curtailment Losses and Lower Tariffs Weigh on Results
Xinyi Energy's first-half 2026 net profit fell 29% year on year to CNY 320 million, driven by lower power generation due to curtailment losses, a higher proportion of electricity sold through market-based trading at lower tariffs, and the disposal of its 51% stake in Xinyi Solar (Tianjin).