Strong Revenue Growth and Solid Operational Performance Drive Interim Results
China Everbright Environment Group Limited (“Everbright Environment” or the “Company”) (257.HK) announces its unaudited interim results of the Company and its subsidiaries (collectively the “Group”) for six months ended 30 June 2025 (“1H2025” or the “period under review”).
In terms of operating results, during the period under review, the Group adhered to the principle of making steady and promoting stability through practical measures. It actively implemented three major development strategies, namely technology as a driving force, an internationalisation path, and an industry ecosystem, and made every effort to advance its “Second-Stage Entrepreneurship”, firmly promoting high-quality development. Specifically, during the period under review, the Group maintained strategic leadership, with the three major development strategies gradually becoming clearer; adhered to a market-oriented approach, accelerating the cultivation of new development momentum; focused on core business areas, striving to improve operational quality and efficiency; committed to management enhancement, solidifying internal competencies for development; and maintained a bottom-line mindset, effectively preventing and resolving risks. Overall, the Group’s business performance made stable progress, with operations moving in a positive direction.
During the period under review, the Group recorded a total revenue of approximately HK$14.304 billion, a decrease of 8% from the first half of 2024 (“1H2024”); gross profit amounted to approximately HK$6.331 billion, an increase of 5% from 1H2024; earnings before interest, taxes, depreciation and amortisation (“EBITDA”) amounted to approximately HK$6.048 billion, a decrease of 8% from 1H2024; profit attributable to equity holders of the Company amounted to HK$2.207 billion, a decrease of 10% from 1H2024; and basic earnings per share amounted to HK35.92 cents, a decrease of 10% from 1H2024.
In terms of market expansion, during the period under review, the Group remained committed to advancing both domestic and overseas business expansion, promoting the synchronised development of asset-light and asset-heavy businesses, and proactively exploring new businesses and models. It also deployed business-to-business (“ToB”) business, and closely monitored merger and acquisition (“M&A”) opportunities. In 1H2025, the Group invested in and secured 4 new projects, with a total investment of approximately RMB2.396 billion, and signed various new asset-light business contracts worth RMB520 million.