China Water Industry (HKG:1129) expects an attributable loss of up to HK$70 million in the first half of 2025, down from HK$78.82 million a year prior, a late Aug. 15 Hong Kong bourse filing said.
Shares of the water supply company were down nearly 6% in Monday afternoon trading.
The firm attributed the forecast to lower administrative and selling expenses, finance costs, and impairment loss on assets.
The company also expects not to record a loss from Yichun Water Industry Group, as was seen in the first half of 2024, after the unit was disposed of in September 2024.
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