CONCH ENVIRO (00587) released its performance for the year 2025, with shareholders experiencing a loss of 228 million yuan.

CONCH ENVIRO (00587) announced its annual performance for the year ending December 31, 2025, with revenue of 1.64 billion Yuan, a decrease of 2.8% compared to the previous year; the company's equity shareholders suffered a loss of 228 million Yuan, compared to a profit of 6.275 million Yuan in the same period last year; basic loss per share was 12.50 cents. During the reporting period, the company's operating performance was impacted by factors such as the continued low prices of solid hazardous waste disposal, increased depreciation and amortization due to the conversion of new projects to solid waste disposal, and provision for asset impairment. Faced with a challenging and complex external environment, the Group has made efforts to expand its market externally and strengthen management internally, with the total volume of solid hazardous waste disposal (including alternative fuels) steadily increasing, accounts receivable decreasing year-on-year, and cash flow remaining stable, with overall production and operations running smoothly.