Contiocean Environment Tech Group (HKG:2613) expects net profit for the first half of 2026 to range between 17 million yuan and 23 million yuan, up 179% to 277% from 6.1 million yuan a year earlier, according to a Wednesday Hong Kong bourse filing.
The company attributed the expected increase mainly to revenue from new products, including shaft generator systems and plate heat exchangers, as well as deliveries of long-cycle orders that were delayed in 2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments