China Environmental Resources Group Limited (CENVIR, 1130) released an announcement highlighting an expected profit of at least HK$10.00 million for the six months ended 31 December 2025, compared to a loss of approximately HK$16.55 million for the corresponding period in 2024.
Key factors contributing to this turnaround include a decrease in revenue to about HK$27.30 million, paired with a slight increase in gross profit to roughly HK$6.50 million, as well as higher other income of around HK$12.40 million. Administrative and operating expenses declined to an estimated HK$14.80 million, while the fair value gain on investment properties rose to about HK$12.60 million. The loss from changes in fair value less costs to sell of biological assets narrowed to approximately HK$2.30 million, and finance costs decreased to around HK$2.80 million. There was also a gain on the disposal of investment properties of about HK$1.60 million, alongside a smaller income tax credit of roughly HK$1.00 million.
According to the announcement, the final unaudited results are still under review and will be published on 27 February 2026. Interested parties are advised to exercise caution when dealing in the company’s shares, noting that the figures remain subject to finalization.