Chongqing Water Group posts steady first-half growth; Wang Xiaojun elected chairman

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Chongqing Water Group released its 2026 interim report. In the first half, operating revenue reached 3.631 billion yuan, up 1.54 percent year on year. Net profit attributable to the parent company was 495 million yuan, up 4.61 percent. Recurring net profit was 418 million yuan, up 2.32 percent. Net cash flow from operating activities was 972 million yuan, up 7.24 percent. Sewage treatment revenue came to 2.346 billion yuan, up 8.98 percent, with gross margin up 2.65 percentage points. Tap water supply revenue was 848 million yuan, down slightly by 2.94 percent. The company is actively advancing integration of water supply assets, and its ABCP issuance has been accepted for registration by the National Association of Financial Market Institutional Investors. It also completed rotation of 347,000 water meters, renovated 27.6 kilometres of ageing pipelines, and put intelligent aeration control systems into operation. The board elected Wang Xiaojun as chairman of the sixth board of directors. He previously served as general manager of Taiji Group, chairman of Tongjunge, and general manager of Sanfeng Environment, and was transferred to Chongqing Water Group in August this year.

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Chongqing Water Group Co Ltd
601158
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Interim report shows revenue up 1.54% and net profit up 4.61%, with sewage treatment gross margin improving 2.65pp.

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