China Environmental Technology and Bioenergy Holdings Ltd. Announces Turnaround to Net Profit of RMB9 Million for H1 2025

Reuters
Aug 28
China Environmental Technology and Bioenergy Holdings Ltd. Announces Turnaround to Net Profit of RMB9 Million for H1 2025

China Environmental Technology and Bioenergy Holdings Ltd. has announced a positive profit alert, indicating a turnaround from a net loss to a net profit for the six months ended 30 June 2025. Based on preliminary assessments of unaudited consolidated management accounts, the company expects to report a net profit of approximately RMB9.0 million, compared to a net loss of RMB1.7 million for the same period in 2024. This improvement is primarily attributed to the recognition of an exchange gain of approximately RMB16.0 million. The interim results for this period are expected to be published in August 2025. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.

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