City Development Environment released its 2026 interim financial report, achieving operating revenue of 3.27 billion yuan, up 1.67% year on year, and net profit attributable to the parent of 571 million yuan, down 3.12% year on year. Solid waste treatment and environmental sanitation services together contributed 65.61% of operating revenue, with concentration in core businesses continuing to strengthen, and revenue from within Henan Province accounting for 75.60%. Expressway segment traffic volume and toll revenue declined, compounded by provisions for impairment of accounts receivable, weighing on profit performance. Net cash flow from operating activities was 893 million yuan, down 8.53% year on year. The company decided not to distribute cash dividends for the first half of 2026, and completed the listing and transfer of a 100% equity stake in Henan Chengfa Ecological Technology Company Limited.
City Development Environment Co LtdNet profit attributable to parent fell 3.12% year on year, with impairment provisions and declining expressway revenue weighing on results.
