Chiho Environmental publishes 2024 annual report
- Chiho Environmental's 2024 annual report showed weaker recycled-product sales as soft European demand and high German energy costs pressured performance.
- Asian operations remained loss-making, though losses narrowed despite lower sales volumes.
- The group lost control of European recycler Scholz on May 14, 2025, leaving operations primarily focused on Asia.
- Receivers completed Scholz's sale to Derichebourg on July 31, 2026; proceeds fully discharged obligations under the defaulted loan facility.
- Net sale proceeds of USD 334.2 million reached the group in September 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chiho Environmental Group Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261025-12382383), on October 25, 2026, and is solely responsible for the information contained therein.