TIANYE WATER announced its interim results, with a net loss attributable to the parent company of approximately 15.621 million yuan, turning from profit to loss year-on-year

TIANYE WATER announced its mid-term results for 2025, with total operating revenue of approximately 320 million yuan, a year-on-year decrease of about 68.55%. The net loss attributable to the parent company's owners reached 15.621 million yuan, a shift from profit to loss compared to the previous year, with a basic loss per share of approximately 0.030 yuan. The decline in performance was mainly affected by changes in the market environment and adjustments in government policies, leading to a significant reduction in the number of high-standard farmland construction projects, a sharp decline in sales of PVC pipe products, and a decrease in engineering business revenue