Jinwu Financial News | Yuefeng Environmental Protection (01,381) rose in the short term in the afternoon. As of press release, it was HK$4.31, up 4.11%, with a turnover of HK$2,818,900.
Zhongtai International said that Yuefeng's core environmental protection business (waste incineration power generation) is developing steadily, and the share of operating revenue has increased, supporting the company's gross margin increase in 2023-25. The asset-light business (sanitation) is expanding at an accelerated pace. Following winning the RMB3.26 billion 25-year sanitation contract for Quyang County, Hebei Province in June 2023, it won the RMB1.79 billion 25-year sanitation contract for Dangshan County, Anhui Province in January 2024.