CONCH ENVIRO (00587) released its interim financial results, with a net profit attributable to shareholders of 4.325 million yuan, a year-on-year decrease of 94.73%.

date
26/08/2025
avatar
GMT Eight
Hailong Environmental Protection (00587) released its interim results for the six months ended June 30, 2025, with the group achieving revenue...
CONCH ENVIRO (00587) released its interim performance for the six months ended June 30, 2025. The Group achieved revenue of 777 million yuan, a decrease of 3.34% year-on-year; the profit attributable to equity shareholders of the company was 4.325 million yuan, a decrease of 94.73% year-on-year; earnings per share were 0.24 cents. During the reporting period, the Group actively responded to external environmental pressures, vigorously explored the market, and achieved a year-on-year increase in the total amount of solid waste disposal. However, due to the impact of lowered disposal prices, the Group's profit decreased year-on-year in the reporting period. Despite this, overall operations remained stable, with accounts receivable decreasing year-on-year, and efforts to reduce costs and increase efficiency progressing in an orderly manner.