Yü Group plc Provides Earnings Outlook for the Year 2022

Yu Group PLC is a United Kingdom-based licensed gas, electricity and water supplier and meter operator. The Company operates through three segments: Yu Retail, Yu Smart, and Metering. Yu Retail segment is engaged in the supply of electricity, gas and water to business customers in the United Kingdom. Yu Smart segment is engaged in the provision of engineering and related services to install and maintain smart and other meters, and electric vehicle (EV) charging solutions. Metering assets is engaged in the ownership and rental of smart metering assets. The Company serves small and medium-sized businesses, multi-site complex corporations, third party intermediaries, and other partners. The Company’s wholly owned subsidiaries include Yu Energy Holding Limited, which is engaged in gas shipping services; Yu Energy Retail Limited, which provides the supply of energy to businesses, and Yu Water Limited, which is engaged in the supply of water to businesses.