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China Conch Environment Protection Holdings Ltd. ( (HK:0587) ) has issued an announcement.
China Conch Environment Protection Holdings Ltd. has issued a profit warning for the first half of 2025, expecting a significant decrease in net profit compared to the same period in 2024. The decline is attributed to increased market competition, insufficient capacity utilization, and higher depreciation costs. The company plans to improve its performance by raising treatment prices, expanding market reach, and enhancing operational efficiencies.
More about China Conch Environment Protection Holdings Ltd.
China Conch Environment Protection Holdings Ltd. operates in the environmental protection industry, focusing on the treatment of solid and hazardous wastes. The company is involved in market expansion and aims to enhance its services in waste treatment and alternative fuel business.
Average Trading Volume: 1,946,068
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.28B
Find detailed analytics on 0587 stock on TipRanks’ Stock Analysis page.