China Environmental Resources to Narrow Full-Year Loss

MT Newswires

2025/09/16

China Environmental Resources (SGX:UIX, HKG:1130) is expecting to narrow its loss for the fiscal year ended June 30 by no less than 35% from HK$72.1 million a year earlier, according to an after-market filing with the Singapore Exchange on Tuesday.

The company has attributed this to a decrease in revenue due to lower demand for recycled scrap metals and decreased sales of motor and motor accessories, along with a decrease in administrative and operating expenses.

The company will release its financial results on Sept. 30, the filing added.

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