Zhongde Waste Technology Ag reported earnings results for the first half of 2014. The financial results of ZhongDe in the first half-year of 2014 reflect an improved project progress compared to the corresponding period in 2013. Revenues went up by 78.8% to EUR 4.6 million compared to EUR 2.6 million a year ago. Negative EBIT remained nearly stable amounting to EUR 2.8 million. Net loss went down to EUR 4.4 million compared to EUR 3.3 million.

With regard to the second half of 2014 ZhongDe maintains its outlook given at the end of May in its first quarter of 2014 report. Thus, improved operating results are expected for the full year 2014, although still leading to a loss before taxes.