FilingReader Intelligence

Huicheng Environmental net profit plunges 85.63% in H1

July 28, 2025 at 05:45 PM UTCBy FilingReader AI

Qingdao Huicheng Environmental Technology Group reported net profit of 5.02m yuan for H1 2025, down 85.63% year-over-year, with total revenue falling 5.09% to 564.07m yuan.

The company attributed the decline to reduced steam revenue and heightened competition in catalyst businesses. Operating cash flow decreased 413.47%.

The company recently began trial production at a 200,000-ton/year mixed waste plastic resource utilization project.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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