China Dredging Environment Protection Holdings H1 revenue falls, loss widens

China Dredging Environment Protection Holdings

31/08/2026 15:09

Overview
China dredging services firm's H1 revenue fell yr/yr
Company reported a gross loss for the half-year, compared to a gross profit last year
Loss per share widened to RMB 2.46 cents from RMB 1.42 cents

Outlook
Company did not provide specific guidance or outlook for future quarters

Result Drivers
REVENUE DECLINE - Co reported lower H1 revenue yr/yr but did not give clear reasons for the decrease
GROSS LOSS - Co moved from gross profit to gross loss as operating costs remained high despite revenue drop

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 112.8 mln
 

Analyst Coverage
The stock recently traded at 1 times the next 12-month earnings vs. a P/E of 1 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)