China Carbon Neutral reported revenue of HKD 352.1 million for H1 FY2026 (six months ended Dec. 31, 2025) and gross profit of HKD 28.2 million. Profit for the period was HKD 24.4 million, including profit attributable to shareholders of HKD 25.7 million, with basic and diluted EPS of 4.0 HK cents. Profit before tax was HKD 32.5 million, reflecting a fair value gain on carbon-credit assets of HKD 49.3 million; the company said the swing to profit was mainly driven by that gain and the absence of imputed interest on convertible bonds in the period. The board did not recommend an interim dividend. By segment in H1 FY2026, revenue was HKD 268.1 million from ecological governance and civil engineering, HKD 73.0 million from digital technology services, HKD 5.7 million from battery cascading utilization (trading waste batteries), and HKD 5.2 million from carbon neutral advisory and planning. China Carbon Neutral said it continued upgrading its Green Credit Chain and ClimateStore platforms and its dual-carbon digital platform aligned with NDRC methodologies, and highlighted progress in battery swapping and recycling through its East Easy Electricity unit, including deployment of over 20,000 battery swap cabinets across 90 cities and cumulative swaps exceeding 50 million. As of Dec. 31, 2025, carbon-credit assets on the balance sheet were HKD 149.5 million and gearing ratio was 258%.
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