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Chiho Environmental Shuts Thailand Operations After Years of Losses
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Chiho Environmental Shuts Thailand Operations After Years of Losses
  • Chiho Environmental lost control of its European recycling business, Scholz Group, on May 14, 2025, recording discontinued-operation losses of HKD 1.22 billion.
  • Receivers completed Scholz's sale to Derichebourg on July 31, 2026, for EUR 360.3 million.
  • Sale proceeds fully discharged obligations under the defaulted loan facility; net proceeds received in September 2026 totaled USD 334.2 million.
  • Thailand operations ceased in the second half of 2025 following years of operating losses, contributing to a 29% revenue decline.


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. Chiho Environmental Group Limited 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-20261112-12410480), on November 12, 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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