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Diversified Business Advancements Drive GCL Energy Technology’s 26.42% Profit Growth in H1 2025

On August 28, GCL Energy Technology (SZ: 002015) released its semi-annual report for 2025. The company achieved revenue of 5.422 billion yuan, a year-on-year increase of 15.29%. Net profit attributable to shareholders reached 519 million yuan, up 26.42% year-on-year, while net profit attributable to shareholders after deducting non-recurring gains and losses was 464 million yuan, reflecting a significant growth of 67.91%. Basic earnings per share stood at 0.3284 yuan per share, compared to 0.2545 yuan per share in the same period last year.

Regarding the reasons for the performance growth, GCL Energy Technology stated that it was primarily driven by the continuous rolling development of distributed photovoltaic projects during the reporting period, along with the expansion of energy trading services such as virtual power plants, electricity retail, green electricity, and green certificate trading. These initiatives led to a substantial year-on-year increase in both energy service revenue and profits. Additionally, the performance of the company’s existing power plants, including wind power and cogeneration facilities, also improved compared to the same period last year.

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