CONCH ENVIRO Reports Fiscal 2025 Loss Attributable to Shareholders of RMB228 Million

Stock News03-24

CONCH ENVIRO (00587) announced its annual results for the period ending December 31, 2025. Revenue reached RMB1.64 billion, a decrease of 2.8% compared to the previous year. The loss attributable to equity shareholders was RMB228 million, contrasting with a profit of RMB6.275 million in the same period last year. The basic loss per share was RMB0.125. During the reporting period, the company's operating performance was impacted by persistently low prices for solid and hazardous waste disposal, increased depreciation and amortization due to newly commissioned projects being transferred to fixed assets, and provisions for asset impairments. Facing a severe and complex external environment, the group focused on expanding the market externally and strengthening internal management. The total volume of solid and hazardous waste disposal (including alternative fuels) achieved stable growth, accounts receivable decreased year-on-year, cash flow remained robust, and overall production and operations remained stable.

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