According to the announcement, the company's revenue decline is mainly due to the basic completion or entry into the final stage of some stock engineering projects; and the addition of engineering projects is concentrated in the electrical utilities industry, with a longer project cycle and relatively slow revenue recognition. This results in an overall decrease in revenue.

Boqi Environmental Protection (02377) released its interim performance for the six months ending June 30, 2024, and the group achieved revenue of RMB 0.949 billion (same unit), a decrease of 5.12% compared to the same period last year; the attributable net profit to the owners of the company was RMB 0.114 billion, a decrease of 15%; and earnings per share were RMB 0.11.