Hongcheng Environmental Tech Reports 27.1% Revenue Increase in H1 2025, Gross Profit Up 52.4%

Reuters2025-08-29
Hongcheng Environmental Tech Reports 27.1% Revenue Increase in H1 2025, Gross Profit Up 52.4%

Hongcheng Environmental Technology Company Limited has announced its unaudited interim results for the six months ended 30 June 2025. The Group reported a total revenue of approximately RMB133.6 million, marking an increase of approximately 27.1% compared to the RMB105.1 million recorded for the same period in 2024. The gross profit for the first half of 2025 was approximately RMB79.1 million, which represents a 52.4% increase from the RMB51.9 million reported in the prior year. The overall gross profit margin improved from 49.4% in the first half of 2024. The profit attributable to the owners of the Company was RMB36.4 million, a significant rise from RMB20.4 million reported in the previous year. As a result, the basic earnings per share for the period was RMB0.036, compared to RMB0.020 in the first half of 2024. The Group remains focused on its principal activities, which include the provision of gold mine hazardous waste treatment services, sales of pyrite concentrate, and sales of products derived from the reprocessing of pyrite concentrate, such as sulphuric acid, iron powder, and electricity in Laizhou city, Shandong province.

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