Weigang Environmental expects FY2025 net loss of RMB 76 million to RMB 78 million

Reuters
Yesterday
Weigang Environmental expects FY2025 net loss of RMB 76 million to RMB 78 million
  • Weigang Environmental Technology expects a net loss of RMB76 million to RMB78 million, compared with a net loss of RMB55.3 million.
  • Loss attributable to owners is forecast at RMB63 million to RMB65 million, versus RMB48.6 million previously.
  • Impairment of the Jiangmen pyrolysis project is expected at RMB17 million to RMB18 million, linked to long construction and R&D cycles.
  • Goodwill impairment related to the Xinjiang Tiansheng acquisition is expected at RMB14 million to RMB15 million.
  • A reversal of deferred tax assets is expected to be RMB9 million to RMB10 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weigang Environmental Technology Holding Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260323-12063040), on March 23, 2026, and is solely responsible for the information contained therein.

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