Recently, Conch Environmental announced that the loss attributable to equity shareholders of the company recorded in the first half of 2026 is expected to be between 10 million yuan and 25 million yuan, while the net profit attributable to equity shareholders of the company for the six months ended June 30, 2025 is about 4.33 million yuan.
The above expected decrease was mainly due to: (1) in the first half of 2026, the Group actively expanded the market, and the total amount of solid and hazardous waste disposal (including alternative fuels) achieved steady growth, but the overall market continued to be fiercely competitive, the disposal price continued to decline, and the gross profit margin narrowed; (2) The operating rate of cement kilns declined, and the utilization rate of production capacity in regions such as Henan and Northwest China was insufficient; (3) The incoming volume of the oil sludge segment was insufficient, and the disposal cost was relatively high; and (4) The recognition of relevant government subsidies decreased as compared with the corresponding period.
浙公网安备33010802003254号