Kunming Dianchi Water Treatment Co., Ltd. (Stock Code: 3768) released a statement indicating that based on the unaudited consolidated management accounts for the year ended 31 December 2025, the Group’s pre-tax profit is expected to range between CNY255.80 million and CNY217.90 million, down from approximately CNY314.40 million in 2024. This represents a year-on-year decrease of CNY58.60 million to CNY96.50 million. Profit attributable to equity holders of the Company is projected to be between CNY212.30 million and CNY180.80 million, compared with roughly CNY263.20 million in 2024, reflecting a reduction of CNY50.90 million to CNY82.40 million.

The statement attributes this anticipated decline primarily to a decrease in revenue following the sale of subsidiaries in 2024, as well as higher provisions for expected credit impairment losses and a reduction in engineering investment during 2025, which negatively impacted profits from the engineering construction business. The final consolidated financial results for 2025 are still under review and will be disclosed in the 2025 annual results announcement, scheduled for publication in March 2026. Shareholders and potential investors are advised to remain cautious when considering transactions in the Company’s shares.