CONCH VENTURE (00586) announced its annual results for the period ending December 31, 2025. The group recorded revenue of RMB 65.48 billion, representing a year-on-year increase of 4.42%. Profit attributable to shareholders was RMB 22.45 billion, up 11.17% compared to the previous year. Basic earnings per share were RMB 1.32. The board proposed a final cash dividend of HKD 0.30 per share.
By the end of the reporting period, the group had secured a total of 128 projects across 23 provinces, municipalities, and autonomous regions in China, as well as overseas. These projects include 100 waste-to-energy projects utilizing grate furnace technology, 2 fly ash treatment projects, 2 independent food waste disposal projects, 7 waste disposal projects using cement kilns, 1 waste transfer project, 2 new energy projects, 11 comprehensive utilization projects such as lithium battery recycling, 2 new building material projects, and 1 port logistics project.
During the reporting period, the group's revenue reached RMB 65.48 billion, an increase of 4.42% year-on-year. Pre-tax profit was RMB 24.56 billion, rising by 9.15%, primarily due to an increase in profits attributable to its associate company, Conch Group.