Zhejiang Tengy Environmental Technology Co. Ltd. announced its unaudited consolidated interim results for the six months ended June 30, 2025. The Group reported a revenue of approximately RMB224.82 million, reflecting a decrease of around 36.98% compared to the same period in 2024. This decline in revenue was mainly due to several ongoing precipitators projects that were still under construction and had not yet reached the revenue recognition stage. Despite the drop in revenue, the Group's profit attributable to owners of the parent increased by approximately 7.21%, amounting to RMB15.84 million for the reporting period. The Board of Directors did not recommend the payment of any dividend for this period. In terms of future prospects, the Group remains cautiously optimistic amid global economic fluctuations, including Sino-US tensions and other geopolitical issues. The Group aims to explore business opportunities to expand revenue streams, enhance value, and maximize shareholder returns.
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