China Conch Environment Protection Forecasts RMB190M–RMB270M Loss for FY2025

Reuters02-27 18:39
China Conch Environment Protection Forecasts RMB190M–RMB270M Loss for FY2025

China Conch Environment Protection Holdings Limited expects to record a loss attributable to equity shareholders of about RMB190 million to RMB270 million for the year ended 31 December 2025, compared with a net profit of about RMB6.28 million in 2024. The company said the deterioration reflects persistently low disposal prices in a highly competitive market, higher depreciation and amortisation from new projects, increased credit impairment provisions due to longer customer repayment cycles, and an expected RMB70 million to RMB100 million in asset impairment provisions related to underutilised capacity at certain projects.

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