China Env Tec (00646) Reports Interim Results with Shareholders' Loss of HK$25.909 Million, Up 300.45% Year-on-Year

Stock News
Aug 29, 2025

China Env Tec (00646) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$18.984 million, representing a decrease of 0.6% compared to the same period last year. The loss attributable to owners of the company amounted to HK$25.909 million, marking an increase of 300.45% year-on-year. Loss per share was 7.56 HK cents.

According to the announcement, the increase in the group's loss was primarily attributed to higher foreign exchange losses on RMB-denominated payables and debts resulting from the appreciation of the Renminbi against the Hong Kong dollar, decreased gross profit in the sewage treatment segment, and increased management expenses arising from the newly established energy management division.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10