Zhongde Waste Technology Ag Reports Earnings Results for the First Half of 2015; Provides Earnings guidance for the second half of 2015
The management expects that the coming quarters in 2015 will still remain a transition period for the company. Nevertheless, revenues and other results are expected to increase compared to the corresponding quarters in 2014. In the second half of 2015 the construction progress of ZhongDe's EPC projects (Dingzhou, Zhucheng and Wuhai) and BOT projects (Lanzhou etc.) as well as the trial run of the BOT projects (Zhoukou, Xianning and Kunming) are expected to continue to contribute to ZhongDe's revenues.