Zhejiang Heda Technology (SH:688296) 智通财经网·2026-02-26 13:38Core Viewpoint - HeDa Technology (688296.SH) reported a significant decline in revenue and an increased net loss for the fiscal year 2025, primarily due to adverse macroeconomic conditions and funding issues faced by local water service enterprises [1] Financial Performance - The total operating revenue for 2025 was 307 million yuan, representing a 36.00% decrease compared to the previous year [1] - The net profit attributable to the parent company was a loss of 65.5269 million yuan, compared to a loss of 5.6361 million yuan in the same period last year [1] Operational Challenges - The decline in revenue was mainly influenced by the macroeconomic environment and funding issues affecting local water service enterprises [1] - Delays in the initiation of new projects and slower construction progress on ongoing projects contributed to the decrease in the company's main business revenue [1]