Green City Water: Net profit is expected to decrease by 54.29% to 69.04% year-on-year in the first half of the year.

Green City Water announced its performance forecast on the evening of July 14th, expecting the net profit attributable to shareholders of the listed company to be between 21 million and 31 million yuan in the first half of 2025, a decrease of 54.29% to 69.04% compared to the same period last year. During the reporting period, the company's net loss from foreign exchange borrowing increased year-on-year due to exchange rate fluctuations. In addition, bad debt provision increased year-on-year as receivables balance and aging increased. Overall, this led to a significant decrease in profit levels for the current period.