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China Water Industry Group Limited ( (HK:1129) ) has issued an announcement.
China Water Industry Group Limited has issued a profit warning, indicating an expected improvement in net loss for the first half of 2025 compared to the same period in 2024. The reduction in net loss is attributed to stringent cost control measures, reduced finance costs, and a decrease in impairment losses, despite a decline in revenue from its renewable energy business due to fewer landfill sites in operation and reduced electricity generation. The company is finalizing its financial statements, with results expected to be published on August 28, 2025.
More about China Water Industry Group Limited
China Water Industry Group Limited operates in the water and renewable energy sectors, focusing on providing water supply, sewage treatment, and renewable energy solutions. The company is primarily engaged in improving water infrastructure and expanding its renewable energy business, with a market focus on enhancing operational efficiency and sustainability.
Average Trading Volume: 1,310,693
Technical Sentiment Signal: Sell
Current Market Cap: HK$230.8M
For a thorough assessment of 1129 stock, go to TipRanks’ Stock Analysis page.