sur CF Energy Corp. (CVE:CFY)
CF Energy Reports Financial Results for Q2 and 1H 2026
CF Energy Corp. has released its unaudited interim consolidated financial results for the periods ended June 30, 2026. The company's revenue for Q2 2026 increased by 10% to RMB107.8 million, compared to RMB98.4 million in Q2 2025. This rise was driven by higher revenues from the gas distribution utility sector and the continuing impact of the Hainan Free Port policy.
However, the gross profit margin in Q2 2026 decreased slightly to 24.1%, down from 26.0% in Q2 2025, mainly due to varying material and labor costs. Net profit also saw a significant decrease, falling 70% to RMB0.3 million, while EBITDA declined by 8% to RMB19.3 million.
For 1H 2026, revenue rose by 9% to RMB221.5 million, with net profit increasing by 118% to RMB5.7 million. The growth was somewhat offset by a drop in EV battery swap revenue in the smart mobility segment. Despite challenges, CF Energy continues its strategic shift towards integrated energy solutions.
R. H.
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