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Weigang Environmental H1 FY26 net loss widens to RMB 14.5 million; revenue rises 2.6% to RMB 82.8 million
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Weigang Environmental H1 FY26 net loss widens to RMB 14.5 million; revenue rises 2.6% to RMB 82.8 million
  • Weigang Environmental posted a net loss of RMB 14.5 million, widening from RMB 9.9 million a year earlier.
  • Revenue rose 2.6% to RMB 82.8 million, while gross profit climbed 10.5% to RMB 17.9 million.
  • Gross margin improved to 21.6%, up 1.5 percentage points; basic and diluted loss per share widened to RMB 0.920 cents.
  • Loss attributable to owners widened to RMB 12.3 million, while oilfield auxiliary services revenue rose 7.4% to RMB 52 million.
  • Hazardous waste incineration solutions revenue fell 46.4% to RMB 5.9 million, due to softer demand and tougher competition.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weigang Environmental Technology Holding Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260820-12292197), on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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