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Conch Venture (00586) announced interim results. Profit attributable to shareholders was 831 million yuan, a year-on-year decrease of 35.4%

Zhitongcaijing·08/27/2026 13:57:14
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According to the Zhitong Finance App, Hailuo Chuangye (00586) announced its 2026 interim results, with revenue of $3,793 billion, up 22.9% year on year; profit attributable to the company's equity shareholders was $831 million, down 35.4% year on year; basic profit per share was $0.49, and an interim dividend of HK$0.15 per share was proposed.

In the first half of 2022, under the strong leadership of the board of directors, the Group adhered to the business strategy of “focusing on the main business, digging deeper into potential, improving quality and efficiency” to promote the steady development of the main environmental protection industry. The domestic waste disposal industry operates steadily, achieving simultaneous growth in the amount of garbage entering the factory and feed-in electricity, steadily improving the operating efficiency of various businesses, and further enhancing the competitiveness of the industry; the new energy materials industry focuses on market construction and technology research and development to expand customer resources and optimize product performance. The lithium battery resource recycling industry is deeply involved in process technology. The Group's main business is stable overall, laying a solid foundation for achieving business goals for the whole year.

By the end of the reporting period, the Group had promoted a total of 128 signed projects in 23 domestic provinces, municipalities, autonomous regions and overseas. Among them, there are 101 grate furnace waste power generation projects, 2 fly ash disposal projects, 2 independent food waste disposal projects, 7 cement kiln garbage disposal projects, 1 garbage transfer project, 2 new energy projects, 10 comprehensive utilization projects such as lithium battery recycling, 2 new building materials projects, and 1 port logistics project.