Core Viewpoint - Dongjiang Environmental (00895) expects a significant increase in net losses for 2025, projecting losses of 1.05 to 1.35 billion yuan, with adjusted net losses (excluding non-recurring items) estimated at 0.95 to 1.25 billion yuan, indicating a substantial year-on-year growth in losses [1] Industry Summary - The hazardous waste industry is still undergoing a deep adjustment phase in 2025, characterized by intense competition, which continues to compress profit margins for the company's core businesses of harmless treatment and resource utilization [1] - The overall market conditions are challenging, and the company anticipates that the fundamental recovery of its performance will take time due to ongoing pressures from asset impairment and credit losses [1] Company Strategy - In response to the severe industry and operational challenges, the company is accelerating its layout in resource recycling and comprehensive environmental services, aiming to build a full industry chain for recycled resource utilization [1] - The company is striving to promote its transformation and upgrading through technological innovation [1]
东江环保(00895)发盈警 预期2025年归母净亏损大增至10.5亿-13.5亿元