Tianjin Jinran Public Utility Company (01265) has issued a positive profit alert, projecting a net profit attributable to the parent company of approximately RMB 2.4 million for the six months ending June 30, 2026.

This marks a significant turnaround from the same period in the previous year when the company reported a net loss of RMB 28.6 million. The company attributes the improved performance to two main factors. First, there has been a substantial increase in pipeline gas sales volumes, driven by higher demand from large-scale users during the reporting period compared to the prior year. Second, the company has implemented lean management practices, leading to a significant reduction in operating costs and expenses during the period.