China Conch Environment Protection Holdings Limited has announced a projected net loss attributable to equity shareholders in 2025 of around RMB190.00 million to RMB270.00 million, compared to a net profit of RMB6.28 million for the twelve months ended 31 December 2024.
According to the announcement, the primary reasons for the anticipated loss include intensified market competition resulting in low disposal prices, increased depreciation and amortization from new project transfers to fixed assets, extended repayment cycles contributing to higher credit impairment provisions, and continued underutilization of certain cement kiln projects. An appraiser’s preliminary findings suggest relevant asset impairment provisions of approximately RMB70.00 million to RMB100.00 million for 2025.
Measures highlighted in the announcement to address performance challenges include coordinating resources to stabilize disposal prices, optimizing production management to lower operating costs, swiftly capitalizing on policy-driven fly ash landfill opportunities, and seeking project expansion in areas such as solid waste, construction waste, and waste plastics.
The announcement notes that these figures are based on preliminary unaudited data and remain subject to adjustments pending final valuation, review by the Audit Committee, and audit verification. The audited results for 2025 are expected to be released by the end of March 2026. The announcement advises caution for shareholders and potential investors when dealing in the company’s securities.
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