Zitong Financial App News, China dredging Environmental Protection (00871) announced that the Group is expected to make a net profit of about 39.9 million yuan in the first half of 2023, while a net loss of about 5.9 million yuan in the six months ended June 30, 2022.
Based on the information currently available to the Company, the Board considers that the turn from loss to profit in the medium term is mainly due to the successful implementation of some of the Group's projects in other areas of maritime business and the significant improvement in implementation efficiency. This led to a considerable increase in operating income and operating profits in the medium term.