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SPIC Hydropower Forecasts 122% Rise in H1 Profit; Shares Up 7%

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SPIC Hydropower (SHA:600292) forecasted first-half attributable net profit of 1.19 billion yuan, compared with 537 million yuan the previous year.

The expected 122% increase is attributed to the consolidation of Wuling Power and SPIC Guangxi Changzhou Hydropower following a major asset restructuring completed in October 2025, according to a Tuesday filing with the Shanghai bourse.

The surge also reflects improved water flows boosting hydropower generation from newly consolidated assets.

Shares of the power generation and environmental protection services provider rose nearly 7% in recent trade.

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