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HKG:1799

3 stories mentioning HKG:1799

Every FINWIRES story that references HKG:1799, newest first.

Asia

Xinte Energy Secures 500 Million Yuan Sale-Leaseback Deal to Repay Debt; Shares Fall 5%

Xinte Energy (HKG:1799) has entered into a 500 million yuan finance lease agreement with Everbright Financial Leasing involving a sale-leaseback arrangement for its power plant equipment and facilities, according to a Tuesday Hong Kong bourse filing.The renewable energy company's shares fell nearly 5% in Wednesday's late-morning trading.Under the agreement, Xinte Energy will transfer ownership of assets, including boilers, steam turbine units, and generators, from its self-owned power plant to Everbright Financial Leasing and lease them back for five years.Net proceeds from the transaction will be used to repay the company's borrowings.

HKG:1799
Asia

Xinte Energy's Losses Narrow in 2025; Shares Up 4%

Xinte Energy (HKG:1799) recorded 1.21 billion yuan in attributable loss in 2025, narrowing from a loss of 3.90 billion yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The renewable energy company's shares were up nearly 4% in late morning trade Wednesday.Loss per share was 0.84 yuan, compared with 2.73 yuan in the prior year.Revenue fell 28% year on year to 15.25 billion yuan, figures showed.

HKG:1799
Asia

Xinte Energy Posts Q1 Profit of 229 Million Yuan; Shares Rise 9%

Xinte Energy (HKG:1799) posted net profit attributable to shareholders of 228.5 million yuan for the first quarter of 2026, according to an April 24 Hong Kong bourse filing.Shares of the firm were up over 9% in Monday's late-morning trade.Operating revenue totaled 3.90 billion yuan for the period, while operating costs were 3.13 billion yuan.

HKG:1799