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Wuxi Xuelang Environmental Technology (300385.SZ): Expected annual loss of 0.35 billion yuan to 0.495 billion yuan for 2024.
On January 20, Gelonghui reported that Wuxi Xuelang Environmental Technology (300385.SZ) announced its earnings forecast for 2024. The company's net income attributable to shareholders is expected to be a loss of 0.35 billion to 0.495 billion yuan, compared to a loss of 46.7787 million yuan in the same period last year; the net income after deducting non-recurring gains and losses is expected to be a loss of 0.355 billion to 0.5 billion yuan, compared to a loss of 81.7275 million yuan in the same period last year. During the reporting period, the company's manufacturing Sector faced challenges due to the shrinking market in the waste incineration power generation industry and reduced demand in the Steel industry, causing project execution and payment collection to fall short of expectations, with some key projects lagging in execution progress and settlement milestones.
Snow Wave Environment: 2024 Annual Results Forecast
Wuxi Xuelang Environmental Technology (300385.SZ): The holding subsidiary has terminated the investment in the new solid waste resource utilization project.
On January 9, Glonghui announced that Wuxi Xuelang Environmental Technology (300385.SZ) held the fifteenth meeting of the fifth Board of Directors on January 9, 2025, and approved the proposal regarding the holding subsidiary's plan to terminate investment in the newly built solid waste resource utilization project, agreeing to the termination of the investment construction of the solid waste resource utilization project by its holding subsidiary Nanjing Excellent Eco-friendly Concept Technology Co., Ltd. As of the announcement date, the Nanjing Excellent resource utilization project has completed the preliminary work for the project safety assessment and occupational health evaluation, and the environmental assessment and energy evaluation reports have been completed. The project that Nanjing Excellent plans to invest in is the solid waste resource utilization project.
Retail Investors in Wuxi Xuelang Environmental Technology Co., Ltd. (SZSE:300385) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 27% Last Week
Snow Wave Environment: Report for the third quarter of 2024
wuxi xuelang environmental technology (300385.SZ): a net loss of 0.151 billion yuan in the first three quarters.
On October 25, Gelunhui announced the third quarter report of Wuxi Xuelang Environmental Technology (300385.SZ). In the first three quarters of 2024, the company achieved revenue of 0.395 billion yuan, a year-on-year decrease of 55.91%; net loss attributable to shareholders of listed companies was 0.151 billion yuan, a year-on-year decrease of 13,797.33%; net loss after deducting non-recurring gains and losses was 0.155 billion yuan, a year-on-year decrease of 483.96%; basic earnings per share was -0.4542 yuan/share.
Benign Growth For Wuxi Xuelang Environmental Technology Co., Ltd. (SZSE:300385) Underpins Stock's 26% Plummet