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Yunnan Water Investment Company (6839) investor relations material
Yunnan Water Investment Company H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the six months ended 30 June 2025 was RMB1,157.6 million, down 6.8% year-over-year; net loss widened to RMB1,047.5 million from RMB923.9 million in the prior year period.
Gross profit margin declined to 12.8% from 16.2% year-over-year; loss attributable to ordinary shareholders was RMB875.4 million, with basic loss per share at RMB0.734.
No interim dividend was declared for the period.
The Group continues to focus on high-quality transformation, debt risk mitigation, cost control, asset revitalization, and project acceleration.
Financial highlights
Revenue decreased to RMB1,157.6 million (down 6.8% year-over-year); gross profit was RMB148.5 million (down 26.2%).
Net loss increased to RMB1,047.5 million; EBITDA was negative RMB104.7 million, compared to positive RMB159.7 million last year.
Gross profit margin fell to 12.8% from 16.2%; administrative expenses rose sharply to RMB454.8 million due to long-term asset impairment.
Finance costs net decreased by 22.1% to RMB480.2 million, aided by a perpetual bond agreement.
Cash and cash equivalents at period end were RMB927.6 million, down 8% from year-end 2024.
Outlook and guidance
The Group will prioritize debt repayment, revenue growth, cost control, asset optimization, and project completion in the second half of 2025.
Plans include divesting certain projects, seeking strategic investors, and leveraging unutilized loan facilities to address liquidity pressure.
Emphasis on cash flow management, operational efficiency, and high-quality transformation.
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