Gelonghui announced on November 15 that china hk power (00931.HK) estimated that for the six-month period ending September 30, 2024 ("the current interim period"), the loss attributable to the company's owners may reach approximately 50 million to 65 million Hong Kong dollars, compared to a loss of approximately 47 million Hong Kong dollars attributable to the company's owners for the six-month period ending September 30, 2023 ("the corresponding interim period").

The board of directors wishes to point out that the period from April to September each year is the off-peak season for the company's liquefied henry hub natural gas business and the heating energy business provided in northern china (which accounts for the largest sector of the group's new energy fund business). However, based on the trends of the company's current business activities and developments, the board of directors is optimistic about the company's ability to turn a profit for the full year from April 1, 2024, to March 31, 2025, and report earnings.