SL GEMINI (02481) has unveiled its interim results for the 2026 fiscal year, posting revenue of approximately 893 million yuan, marking a year-on-year increase of about 17.5%.

The company's gross profit reached roughly 265 million yuan, reflecting a year-on-year growth of approximately 10.7%. Profit attributable to owners of the company stood at around 110 million yuan, representing a 1.8% decrease compared to the previous year, with earnings per share at 0.36 yuan.

According to the company's announcement, the revenue growth is primarily driven by higher income from heating services, which resulted from an expansion in the actual heating service area. This growth also benefited from the newly launched Baotou project during the period, alongside increased government price subsidies for heating subsidiaries following their recovery in the prior year, as well as additional subsidies tied to local government policies mandating higher heating temperatures, which offset the company's elevated operational costs.

The decline in profit attributable to owners is mainly attributed to a decrease in net profit from subsidiaries in which the company holds a higher controlling stake, and this reduction outweighed the increase in net profit generated by subsidiaries with lower controlling interests.