China Environmental Technology Holdings Limited (02613.HK) announces happy earnings, expecting a net profit of approximately 17 million to 23 million yuan in the mid-term, representing a year-on-year increase of approximately 178.7% to 277.0%.
China Finance APP News, Huige Environmental Protection (02613.HK) announced that according to the preliminary review of the unaudited comprehensive management accounts of the Group as at June 30, 2026 for the six months ended, and taking into account the information currently available to the board of directors, the Company expects to achieve a net profit of approximately RMB 17 million to RMB 23 million during the first half of 2026, an increase of approximately 178.7% to 277.0% compared to the same period in 2025. The expected increase in net profit is mainly due to: (1) the Group has started to undertake new product orders such as belt-driven generator systems and plate heat exchangers, which have started generating revenue during the first half of 2026; and (2) several long-cycle orders that were delayed in 2025 have been delivered in the first half of 2026.
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