CH DREDG ENV issued a profit warning, expecting an annual net loss of approximately 303 million yuan, an increase compared to the previous year
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According to the Zhitong Finance APP, CH DREDG ENV announced that it expects the group to incur a net loss of approximately RMB 303 million for the year ending December 30, 2024, compared to a net loss of approximately RMB 211.9 million for the year ending December 30, 2023. The estimated net loss is primarily attributed to non-cash provisions for expected credit losses, impairment losses on properties, plants, and equipment, and changes in the fair value of investment properties
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