CONCH VENTURE (00586) announced its interim results, with profit attributable to shareholders of 831 million yuan, a decrease of 35.4% compared to the same period last year.

CONCH VENTURE (00586) announced its interim results for 2026, reporting revenue of 3.793 billion yuan, a year-on-year increase of 22.9%. The profit attributable to the company's equity shareholders was 831 million yuan, a year-on-year decrease of 35.4%. The basic earnings per share were 0.49 yuan, and an interim dividend of 0.15 Hong Kong dollars per share is proposed. In the first half of 2026, under the strong leadership of the board of directors, the group adhered to the operational strategy of "focusing on core business, deepening potential, and improving quality and efficiency" to promote steady development in the environmental protection sector. The municipal waste disposal business operated steadily, achieving synchronized growth in waste input and electricity generation, with various business operations steadily improving their efficiency and further enhancing industry competitiveness; the new energy materials sector focused on market development and technological research, expanding customer resources and optimizing product performance. The lithium battery resource recycling industry delved deeply into process technology. The overall stability of the groups main business has laid a solid foundation for achieving full-year operational goals. As of the end of the reporting period, the group has promoted and signed a total of 128 projects across 23 provinces, municipalities, and autonomous regions in China and overseas. This includes 101 waste-to-energy projects utilizing grate furnaces, 2 fly ash disposal projects, 2 independent kitchen waste disposal projects, 7 cement kiln waste disposal projects, 1 waste transfer project, 2 new energy projects, 10 comprehensive utilization projects including lithium battery recycling, 2 new building material projects, and 1 port logistics project.