CHINA ENV RES (01130) has announced that the group expects to record an unaudited consolidated profit of not less than approximately HK$10 million for the six months ending December 31, 2025. This represents a significant turnaround compared to a loss of approximately HK$16.554 million recorded in the corresponding period of 2024. The shift to profitability is attributed to the combined effect of several factors during the six-month period ending December 31, 2025. Revenue decreased to approximately HK$27.3 million, although gross profit saw a slight increase to about HK$6.5 million. Other income rose to approximately HK$12.4 million. Administrative and operational expenses were reduced to around HK$14.8 million. There was an increase in the fair value gain on investment properties to approximately HK$12.6 million. The loss arising from the fair value change in biological assets minus selling costs decreased to about HK$2.3 million. Financing costs were lowered to approximately HK$2.8 million. The gain on the disposal of investment properties increased to around HK$1.6 million. Additionally, the income tax credit decreased to approximately HK$1 million.