Core Viewpoint - The company reported a significant decline in revenue and net profit for the first half of 2025, indicating challenges in its traditional environmental engineering business while actively pursuing a transition to energy-related projects [5][7]. Financial Performance - The company's operating revenue for the reporting period was 795,070,151.00 yuan, a decrease of 20.84% compared to the same period last year [5]. - The net profit attributable to shareholders was -36,839,239.17 yuan, representing a decline of 187.28% year-on-year [5]. - The net profit after deducting non-recurring gains and losses was -42,721,832.02 yuan, which improved by 11.14% compared to the previous year [5]. - The basic earnings per share were -0.05 yuan, a decrease of 200.00% from the previous year [5]. - The total assets at the end of the reporting period were 7,259,769,482.89 yuan, down 4.95% from the previous year [3]. Business Transition and Strategy - The company is in the process of transitioning to energy business, focusing on projects such as biogas and biofuel [5][7]. - It has signed contracts for biogas projects with a total daily production capacity exceeding 200,000 cubic meters [7]. - A joint venture was established in Nantong, Jiangsu, to build a waste oil pretreatment plant, expected to process approximately 50,000 tons annually [7]. Operational Improvements - The company has strengthened accounts receivable management and increased efforts to recover payments, which has improved cash flow [8]. - It has also been divesting non-core and idle assets, including the transfer of 100% equity in a subsidiary [8]. - The company completed a share repurchase plan during the reporting period [8].
维尔利: 2025年半年度报告摘要