Contiocean Environment Flags Drop in H1 Profit; Shares Drop 3%

MT Newswires Live

08/11

Contiocean Environment Tech Group (HKG:2613) said it expects to report a drop in its profit for the first half of 2025, according to a Hong Kong bourse filing Friday.

Shares of the maritime environmental protection equipment and system provider fell nearly 3% in recent Monday trade.

The company expects to post 5 million yuan to 8 million yuan in net profit for the six months ended June 30, a decrease from the 82.1 million yuan posted in the year-ago period.

Contiocean Environment's results are due by the end of August.

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