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EVE Energy Forecasts Up to 110% Surge in H1 Net Profit

published: 2026-06-16 14:49

On June 15, EVE Energy released its performance forecast, announcing that for the first half of this year, the company expects its net profit attributable to shareholders of the parent company to reach 3.13 billion to 3.37 billion yuan, representing a year-on-year surge of 95% to 110%. Meanwhile, net profit after deducting non-recurring gains and losses is projected to be between 2.43 billion and 2.60 billion yuan, marking a year-on-year increase of 110% to 125%. (Image source: Company Announcement)

In the first quarter of 2026, EVE Energy achieved an operating revenue of 20.68 billion yuan, up 61.61% year-on-year. During the same period, its net profit attributable to the parent company stood at 1.446 billion yuan, reflecting a 31.35% year-on-year growth, while net profit excluding non-recurring items was 1.115 billion yuan, an increase of 36.32% year-on-year.

Based on these figures, it can be deduced that for Q2 of 2026, the net profit attributable to the parent company will range from 1.684 billion to 1.925 billion yuan, demonstrating a quarter-on-quarter growth of 16.46% to 33.13%. Furthermore, the net profit after deducting non-recurring items is estimated to be between 1.308 billion and 1.488 billion yuan, indicating a quarter-on-quarter increase of 17.31% to 33.45%.

In terms of shipment volume, during the first quarter of this year, EVE Energy shipped 14.34 GWh of power batteries, an increase of 40.93% year-on-year, and 20.38 GWh of energy storage batteries, a year-on-year increase of 60.82%. Shipment volumes are anticipated to grow even further in the second quarter of this year.

Regarding the reasons behind this substantial forecasted profit surge, EVE Energy stated that, on one hand, the company has continuously pursued product iteration, service upgrades, and process optimization. By successfully seizing market growth opportunities, the company has driven sustained business expansion, leading to an approximate 60% year-on-year growth in operating revenue.

On the other hand, to effectively counter the significantly mounting pressures from supply chain costs, the company proactively implemented forward-looking management strategies. Through a diversified supply chain layout, strategic procurement planning, and the prudent use of financial instruments, EVE Energy has effectively buffered the impact of fluctuating and rising raw material costs, thereby ensuring the stability of its core business profitability.

Source:EnergyTrend

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