"Profit Alert" HC ENV TECH forecasts last year's profit to increase by at least 47%
HC ENV TECH (02265.HK) issued a profit warning, expecting a profit of between RMB 88 million and RMB 89 million for the fiscal year 2025, an increase of 46.7%-48.3% compared to the previous year. The reason is the rise in prices of the main products, sulfur concentrate and sulfuric acid, which significantly boosted overall revenue and profit levels. The annual revenue is expected to increase by 39% to RMB 325 million; and the production and sale of new downstream sulfuric acid products that started at the end of last year will bring additional contributions to revenue
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