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DCWT: 2024 ANNUAL REPORT
The shares of the company held by the controlling shareholder of DCWT (03768.HK) have been frozen.
On April 22, Gelonghui reported that DCWT (03768.HK) announced that the company recently received the "Notification of Assistance in Execution" issued by the People's Court of Huai Ji County, Guangdong Province ((2024) Yue 1224 Zhi Bao 2563-1) (Notification of Assistance in Execution), and learned that the shares held by the company's controlling Shareholder Kunming Dianchi Investment Co., Ltd. have been frozen. According to the Notification of Assistance in Execution, the Huai Ji County People's Court is executing against Industrial Bank Co., Ltd. Zhaoqing Branch alongside Kunming Dianchi Investment and Kunming Dianchi Asset Operation Management Co., Ltd. (Kunming Dianchi Investment).
DCWT (03768.HK) is expected to report a net profit attributable to equity holders of 0.263 billion yuan in 2024, a decrease of 16.8% compared to the previous year.
Gelonghui reported on March 21 that DCWT (03768.HK) announced that for the year ending December 31, 2024, the revenue is approximately RMB 1.594 billion, a decrease of 11.8% compared to 2023. The total Sewerage treatment volume for the year is 669.3 million cubic meters, with a utilization rate of Sewerage treatment facilities reaching 98.1%. The company's Net income attributable to equity holders is approximately RMB 0.263 billion, a decrease of 16.8% compared to 2023. As of December 31, 2024, the company has a total of 38 franchised water plants (including 34 Sewerage plants and 4 water supply plants). These 38 are currently in operation.
Express News | Kunming Dianchi Water Treatment FY Operating Income RMB 524.9 Million
Express News | Kunming Dianchi Water Treatment FY Gross Margin 44.8%
Express News | Kunming Dianchi Water Treatment Outlook FY Capex RMB 66.8 Million
