DATANG ENVIRO (01272) announces expected pre-tax profit to increase to approximately 700-710 million yuan by 2025.
Datang Environment (01272) announced that the group expects to achieve a pre-tax profit of approximately RMB 700 million to RMB 710 million in 2025, compared to approximately RMB 655 million in pre-tax profit for the fiscal year 2024.
DATANG ENVIRO (01272) announced that the group expects to achieve a pre-tax profit of approximately RMB 700 million to RMB 710 million by 2025, compared to approximately RMB 655 million in pre-tax profit for the fiscal year 2024.
The announcement stated that the estimated increase in pre-tax profit is mainly attributed to the following reasons: the group continues to deepen quality and efficiency improvement, with engineering business gross profit margin increasing; and the group continues to accelerate accounts receivable recovery, taking advantage of the domestic loose monetary policy environment, with bank loan balance and interest rates continuously declining, leading to a reduction in financial expenses.
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