Liantai Environmental Protection (LTEP): The net profit for the first half of 2025 was 84.4761 million yuan, a year-on-year decrease of 22.56%

Liantai Environmental Protection announced that its operating revenue in the first half of 2025 was 517 million yuan, a year-on-year decrease of 4.15%; net profit was 84.4761 million yuan, a year-on-year decrease of 22.56%. During the reporting period, the company's financial statement item accounts receivable increased significantly, mainly due to difficulties in government clients' payments for the company's sewage treatment project service fees, resulting in a substantial increase in the provision for bad debts for accounts receivable compared to the same period last year