Straits Environmental Protection: The net profit for the first quarter of 2026 was 67.506 million yuan, a year-on-year increase of 49.20%.

date
24/04/2026
Straits Environmental Protection Announcement: The operating income for the first quarter of 2026 was 293 million yuan, an increase of 5.11% year-on-year. Net profit was 67.506 million yuan, an increase of 49.20% year-on-year. The main reason for the increase in revenue and profit was the completion of the renovation, expansion, or upgrading projects of some subsidiary companies in the past 25 years, leading to an increase in the unit price of post-treatment fees. The settlement volume of sewage treatment in this period increased compared to the same period last year, leading to a growth in profitability compared to the same period last year. After the convertible bonds matured and were redeemed in April 2025, financial expenses decreased compared to the same period last year, while the collection amount in this period increased compared to the same period last year, and bad debt losses decreased, with a comprehensive impact on the financial performance.