Core Viewpoint - China Water Industry Group (01129) anticipates an improvement in the net loss attributable to equity shareholders, projecting a loss not exceeding HKD 70 million for the first half of 2025, compared to an estimated loss of approximately HKD 78.82 million for the first half of 2024 [1] Summary by Relevant Categories Financial Performance - The company expects a reduction in net loss attributable to equity shareholders due to several factors, including stricter cost control measures leading to reduced administrative and selling expenses [1] - A decrease in loan borrowing levels is anticipated to lower financing costs [1] - Asset impairment losses for the first half of 2025 are expected to be lower than those in the same period of 2024 [1] Operational Changes - The sale of Yichun Water Group and its subsidiaries, which reported a net loss in the first half of 2024, was completed in September 2024, contributing positively to the financial outlook [1] - However, the revenue and gross profit from the renewable energy business have decreased, primarily due to a reduction in the number of operational landfills and a decline in the volume of new waste transported to landfills for power generation as local incineration projects commence [1]

Core Viewpoint - China Water Affairs Group (01129.HK) anticipates an improvement in net loss attributable to equity shareholders, projecting a loss not exceeding HKD 70 million for the first half of 2025, compared to a net loss of approximately HKD 78.82 million for the six months ending June 30, 2024 [1] Summary by Relevant Categories Financial Performance - The company expects a reduction in net loss attributable to equity shareholders due to several factors, including stricter cost control measures leading to reduced administrative and selling expenses [1] - A decrease in borrowing levels during the period is expected to lower financing costs [1] - Asset impairment losses for the first half of 2025 are anticipated to be lower than those in the same period of 2024 [1] Operational Factors - The loss recorded by Yichun Water Group and its subsidiaries in the first half of 2024, which was completed in September 2024, contributed positively to the overall financial outlook [1] - However, the positive impacts are partially offset by a decrease in revenue and gross profit from the renewable energy business, attributed to a reduction in the number of landfills and a decrease in new waste transported to landfills for power generation due to the operation of local incineration projects [1]