HK's China Environmental Resources Group FY revenue more than doubles on metal recycling resumption

China Environmental Resources

30/09/2026 10:56

Overview
Hong Kong metal recycler's annual revenue more than doubled, driven by resumed metal recycling
Company narrowed net loss for the year 

Outlook
Company says it will implement cost-saving measures to maintain adequate cash flows over next 12 months
Company expects to have sufficient cash resources to meet obligations for next 12 months

Result Drivers
METAL RECYCLING RESUMPTION - Group said revenue growth was mainly driven by resumption and expansion of metal recycling and processing business
MOTOR VEHICLES - Trading of motor vehicles and related accessories contributed significantly to revenue

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
 
HK$147.9 mln
 
FY Net Loss Attributable
 
HK$10.7 mln
 

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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.)