Datang Environment Industry Forecasts Higher Profit in 2025
MT Newswires Live
Feb 06
Datang Environment Industry (HKG:1272) expects a pre-tax profit of between 700 million yuan and 710 million yuan for the year 2025, up from 655 million yuan a year prior, according to a Friday Hong Kong bourse filing.
The environmental services provider attributed the forecast to a higher gross profit margin of the engineering business, as well as lower finance costs amid a decline in the outstanding balance of bank borrowings and interest rates.
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