Dongjiang Environmental (HKG:0895, SHE:002672) expects a net loss attributable to shareholders between 705 million yuan and 785 million yuan for 2024, compared with a net loss of 750.5 million yuan logged for 2023, a Wednesday Hong Kong bourse filing said.
The company attributed the expected loss to unfavorable conditions of the hazardous waste industry during the reporting period including intense competition and a continuous decrease in the prices for non-hazardous waste collection and transportation among others.
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