BJ ENT URBAN issued a profit warning, expecting a year-on-year decrease of approximately 70% to 75% in profit attributable to shareholders for the first half of the year

BJ ENT URBAN issued a profit warning, expecting that the profit attributable to shareholders in the first half of 2025 will decrease by approximately 70% to 75% year-on-year. The main reason is the recognition of an asset impairment loss provision of approximately RMB 162 million, related to the hazardous waste treatment project of Xianju Pingfu Environmental Technology Co., Ltd. This project has been suspended due to an environmental leakage incident, and it is expected that additional costs and time will be required to resume production. The asset impairment provision will reduce the company's profit, but it is a one-time non-cash expense and will not affect cash flow