Ad-hoc-News
Ad-hoc-release according to § 15 WpHG
Frankfurt, November 13, 2015
ZhongDe Waste Technology AG (“ZhongDe”) publishes its preliminary financials for 9M 2015 and adjusts its guidance for the full-year results 2015 due to unexpected project delays.
According to preliminary calculations, ZhongDe achieved revenues of 10.3 million Euros in the first nine months of 2015 representing a decrease of 10.3 per cent (9M 2014: 11.5 million Euros). EBIT went down by 33.2 per cent to -4.1 million Euros (9M 2014: -3.1 million Euros).
Within the first nine months 2015, due to internal and external reasons, ZhongDe’s management team had to postpone the completion of the BOT projects in Zhoukou and Xianning to 2016. The Kunming BOT project is expected to be completed in 2017 instead of 2016 as previously announced. The completion of the EPC project in Zhucheng will be delayed. Furthermore, the EPC projects Dingzhou and Wuhai are temporarily suspended. Taking the adjusted project planning into account, ZhongDe now expects total group sales and operating profit for the full year 2015 to be below the 2014 levels.
ZhongDe will present its full Q3 interim report on November 27, 2015.
About ZhongDe Group
ZhongDe Group designs, invests, constructs, finances and operates waste-to-energy incineration plants generating electricity from the disposal of solid municipal and industrial waste. ZhongDe realises either EPC (Engineering, Procurement and Construction) or BOT (Build, Operate and Transfer) projects, focusing on large-scale plants with waste disposal capacities of around 1,000 tons per day. Since 1996, ZhongDe Group has installed approximately 200 waste incinerators in 13 provinces throughout China. ZhongDe is one of the leading players in the project development and operation of waste-to-energy plants in China.
Contact
ZhongDe Waste Technology AG
William Jiuhua Wang
Executive Director and CFO
E-Mail: william.jw@zhongdetech.com
Ying Sun
Investor Relations
Messeturm 25th floor
Friedrich-Ebert-Anlage 49
60308 Frankfurt am Main
T: +49 69 50956 5655
F: +49 69 50956 5520
E-Mail: ying.sun@zhongde-ag.de
Kirchhoff Consult AG
Nicole Schüttforth
Investor Relations Consultant
T: +49 40 60 91 86 64
F: +49 40 60 91 86 60
E-Mail: nicole.schuettforth@kirchhoff.de
Investor Relations
25 June 2018
ZhongDe Waste Technology AG: Downlisting from the Prime Standard to the General Standard of the Regulated Market
Details
14 October 2016
ZhongDe sells all shares in Chung Hua Environment Protection (Holding)
Group Ltd.
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27 September 2016
ZhongDe negotiates on the sale of all shares in Chung Hua Environment Protection (Holding) Group Ltd.
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13 November 2015
ZhongDe Waste Technology AG: Preliminary nine-months results and adjusted full-year guidance
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14 November 2013
Release according to Article 26 para. 1 WpHG [German Securities Trading Act]
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14 November 2013
Release according to Article 26 para. 1 WpHG [German Securities Trading Act]
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28 April 2013
ZhongDe Waste Technology AG: Challenging circumstances adversely affect results 2012
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5 April 2012
Correction of the Publication pursuant to section 26 para. 1 WpHG dated 22 March 2012
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30 March 2012
ZhongDe Waste Technology AG: Delays in completion of energy-from-waste plants lead to net loss for full year 2011
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7 February 2012
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] (in German)
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7 February 2012
Release according to Article 26 para. 1 WpHG [German Securities Trading Act]
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24 November 2011
ZhongDe Waste Technology AG: Further delays in completion process of energy-from-waste plants leads to revision of full year 2011 outlook
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22 August 2011
ZhongDe Waste Technology AG: Preliminary Q2 2011 results better than Q1 2011 but worse than Q2 2010
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15 April 2011
ZhongDe Waste Technology AG: Financial performance 2010 impacted by delay of construction progress of energy-from-waste projects
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31 December 2010
Release of an Ad hoc announcement according to Sec. 15, German Securities Trading Act (WpHG)
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9 December 2009
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] (in German)
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16 November 2009
ZhongDe Waste Technology AG: Preliminary figures for the first nine months reflect difficult market environment in small- and medium-size incinerators segment
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7 September 2009
DGAP-Adhoc: ZhongDe Waste Technology AG: Share Buy-Back
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26 August 2009
Decrease of Revenues and Profits of ZhongDe Waste Technology in the first half year 2009
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28 April 2009
Change in Management Board at ZhongDe Waste Technology
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23 January 2009
Ad hoc announcement according to § 15 WpHG of 23 January 2009
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13 June 2008
Release according to Article 26 para. 1 WpHG [German Securities Trading Act]
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29 April 2008
Ad hoc announcement according to § 15 WpHG of 29 April 2008
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11 March 2008
Ad hoc announcement according to § 15 WpHG of 11 March 2008
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27 February 2008
Release according to Article 26 para. 1 WpHG [German Securities Trading Act]
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17 July 2007
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] - II
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17 July 2007
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] - I
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13 July 2007
Veröffentlichung nach § 26 Abs. 1 Wertpapierhandelsgesetz
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5 July 2007
Ad hoc announcement according to § 15 WpHG of 5 July 2007
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28 June 2007
Ad hoc announcement according to § 15 WpHG of 28 June 2007
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