Tianjie Environmental (01527) has issued a positive profit alert, indicating a substantial increase in its net profit for the six months ending June 30, 2026.

The company projects its net profit for the period to reach approximately 126 million yuan, representing a significant year-on-year surge of roughly 698.36% compared to the net profit of about 15.84 million yuan reported for the corresponding period in the prior year (ending June 30, 2025).

According to the company's announcement, the anticipated growth in profit is primarily attributed to higher revenue during the reporting period. This revenue increase was mainly driven by the completion and recognition of revenue from several large-scale projects. Additionally, a reduction in financing costs and other expenses also contributed to the favorable profit performance.