CN Energy FY26 first-half net loss widens to $49.54 million; revenue rises 8.21% to $17.72 million

Bitget2026/09/18 21:02

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CN Energy posted a net loss of $49.54 million for the six months ended March 31, 2026, swinging from net income.
Revenue rose 8.2% to $17.72 million, while gross profit fell 49.8% to $240,632.
Operating loss widened to $48.08 million, including a $33.15 million credit-loss allowance and a $14.34 million supplier-advance impairment.
Cash and restricted cash climbed to $5.66 million at March 31, 2026, up from $390,706 at September 30, 2025.
Operations expanded into U.S. robotics in October 2025, and the company acquired Blessing Logistics on March 31, 2026 via $2 million share issuance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CN Energy Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-005703), on September 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CN Energy FY26 first-half net loss widens to $49.54 million; revenue rises 8.21% to $17.72 million

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