DCWT (03768) issues a profit warning, expecting a decrease in equity holders' profit to be between 1.25 billion yuan to 1.39 billion yuan in the first half of the year.
Dianchi Water (03768) announced that the group is expected to achieve a pre-tax profit in the six months ending June 30, 2025.
DCWT (03768) announced that the group expects to achieve a pre-tax profit of approximately RMB 150 million to RMB 166 million for the six months ending on June 30, 2025. This is a decrease of RMB 32.2 million to RMB 48 million compared to approximately RMB 198 million in the same period of the previous year. The profit attributable to the equity holders of the company is expected to be approximately RMB 125 million to RMB 139 million, a decrease of RMB 9.5 million to RMB 22.7 million compared to approximately RMB 148 million in the same period of the previous year.
The decrease in profit is mainly due to the sale of a subsidiary company in the previous year, which led to a decline in profit for the current period, as well as the fact that the investment income generated from the sale of the subsidiary company in the same period of the previous year is not present in the current period.
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