Zonqing Environmental FY25 profit drops 40.96% to RMB 27 million; revenue falls 6% to RMB 1.6 billion

Reuters04-01

Zonqing Environmental FY25 profit drops 40.96% to RMB 27 million; revenue falls 6% to RMB 1.6 billion

Zonqing Environmental posted FY2025 profit attributable to equity shareholders of RMB 22 million, down 45.1%, with basic earnings per share at 3 RMB cents.
Revenue slipped 6% to RMB 1.64 billion, reflecting fewer newly awarded contracts amid macroeconomic and policy impacts.
Gross profit margin widened to 21.1% from 18%, supported by budget controls and tighter project cost management.
Share of losses from associates climbed to RMB 9.6 million, while joint venture losses widened to RMB 42.5 million on higher expected credit loss allowances.
Management guided for 2026 to focus on city renewal, intelligent construction, and green infrastructure, citing improving funding conditions and a pipeline of higher-quality projects.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zonqing Environmental Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260331-12084561), on March 31, 2026, and is solely responsible for the information contained therein.

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