WELLE disclosed its semi-annual report for 2026, recording operating revenue of 687 million yuan, down 13.64 percent year on year, and net profit attributable to the parent of 32.1993 million yuan, swinging to a profit. Net profit attributable to the parent after deducting non-recurring items was 11.1159 million yuan, and net cash flow from operating activities was 249 million yuan, a substantial year-on-year improvement. The company continued to optimize its business structure, scaling back low-margin municipal engineering operations while focusing on high-margin businesses. Gross margin in the environmental engineering segment improved, and BOT operation business remained stable. The improvement in performance mainly came from strict cost control, intensified collection of accounts receivable, and better profitability of existing operation and maintenance projects. The company kept expanding in bio-energy sectors such as bio-natural gas and bio-fuel oil. As projects under construction gradually come on stream, they are expected to become an important growth engine for future performance.
Jiangsu WELLE Environmental Co LtdSwing to profit and improved cash flow from cost control and receivables collection.