Zonqing Environmental Limited has issued a profit warning, projecting a post-tax loss of approximately RMB5.00 million to RMB20.00 million for the six months ended 30 June 2026. The guidance contrasts sharply with the RMB36.30 million profit recorded in the same period of 2025.
Management attributes the turnaround primarily to a decline in revenue. Several large-scale projects approached completion during the reporting window, curbing recognised income, while recently secured contracts remained in early execution stages and have yet to contribute meaningfully. The revenue shortfall was not offset by a corresponding reduction in costs, causing both gross profit and gross margin to contract.
The figures are based on unaudited management accounts and may be adjusted. Zonqing plans to publish its full interim results by August 2026. Until then, shareholders and potential investors are urged to exercise caution when trading the company’s securities.
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