CH DREDG ENV (00871) expects a mid-term net loss of approximately 40.7 million yuan.
China Dredging Environmental Protection (00871) announced that it expects the group to incur a net loss of approximately RMB 40.7 million for the six months ending June 30, 2026, compared to a net loss of approximately RMB 9.5 million for the six months ending June 30, 2025. The increase in loss is mainly attributed to a significant decline in revenue, while the operating and maintenance costs of dredgers and vessels have remained largely unchanged despite a reduction in projects.
CH DREDG ENV (00871) announced that the group expects to incur a net loss of approximately RMB 40.7 million for the six months ending June 30, 2026, compared to a net loss of approximately RMB 9.5 million for the six months ending June 30, 2025. The increase in loss is mainly attributed to a significant decline in revenue, while the operating and maintenance costs of dredging vessels and ships have remained largely unchanged despite a decrease in projects.
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