DATANG ENVIRO Issues Positive Profit Alert for 2025

Stock News
Feb 06

DATANG ENVIRO (01272) has announced that the group expects to achieve a profit before tax of approximately RMB 700 million to RMB 710 million for the year 2025. This compares to a profit before tax of approximately RMB 655 million for the 2024 fiscal year. The estimated increase in pre-tax profit is primarily attributed to the following factors: the group's ongoing efforts to deepen quality and efficiency improvements, leading to an increase in the gross profit margin of its engineering business; and the group's continued acceleration of accounts receivable collection. By capitalizing on the domestic accommodative monetary policy environment, the group has successfully reduced its bank loan balance and interest rates, resulting in lower financial expenses.

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