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China Dredging Expects Reduced Losses Amid Cost-Cutting Measures

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China Dredging Expects Reduced Losses Amid Cost-Cutting Measures

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China Dredging Environment Protection Holdings Limited ( (HK:0871) ) just unveiled an announcement.

China Dredging Environment Protection Holdings Limited has issued a profit warning, indicating an expected decrease in net loss for the six months ending June 2025 to approximately RMB9.5 million, compared to RMB19.5 million in the same period of 2024. This improvement is primarily due to the company’s efforts in reducing operating costs, administrative expenses, and finance costs, signaling a positive shift in financial management. The final results are pending further adjustments and will be announced on August 29, 2025.

More about China Dredging Environment Protection Holdings Limited

China Dredging Environment Protection Holdings Limited operates in the environmental protection industry, focusing on dredging and related services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 1,149,013

Technical Sentiment Signal: Sell

Current Market Cap: HK$99.26M

Learn more about 0871 stock on TipRanks’ Stock Analysis page.

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