Ch Dredg Env (00871) released an announcement, expecting the group to achieve a net loss in the six months ending on June 30, 2024 (the interim period) in the range of RMB 17 million to RMB 21 million, while in the six months ending on June 30, 2023, it achieved a net income of approximately RMB 25 million. The estimated loss is mainly due to a significant decrease in the revenue realized during the interim period, which has led to a substantial decrease in gross profit and a change from profit to loss.
Ch Dredg Env (00871) released an announcement, expecting the group to achieve a net loss in the six months ending on June 30, 2024 (the interim period) in the range of RMB 17 million to RMB 21 million, while in the six months ending on June 30, 2023, it achieved a net income of approximately RMB 25 million. The estimated loss is mainly due to a significant decrease in the revenue realized during the interim period, which has led to a substantial decrease in gross profit and a change from profit to loss.
