Beiko City Resources (03718.HK) Profit Warning: Net profit for fiscal year 2025 is expected to increase by more than approximately 750% year-over-year

NightAirdropper · 2026-03-17T16:45:10+00:00

Beijing Capital City Resources is expected to see a substantial increase of over 750% in profit attributable to shareholders by the end of 2025 compared to the end of 2024, mainly due to improved operational performance, lower financing costs, and reduced impairment losses on non-current assets.

NightAirdropper

2026-03-17 16:45:10

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Guangzhou Hui March 17 | Beijing Enterprises Urban Resources (03718.HK) announced that based on a preliminary review of the group’s unaudited consolidated management accounts and available information for the year ending December 31, 2025 (“relevant period”), it is expected that the company’s attributable profit for the relevant period will increase by more than approximately 750% compared to the year ending December 31, 2024. This increase is mainly due to (i) improved operational performance, primarily driven by expansion of urban services and increased operational efficiency; (ii) strong cash inflows from operations enabling debt repayment and refinancing arrangements that reduced average interest rates, thereby lowering financing costs; (iii) a decrease in impairment losses on non-current assets related to hazardous waste treatment projects compared to the same period last year; and (iv) a one-time gain from the liquidation of an affiliated company in the hazardous waste treatment business.

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