Central Plains Environment ProtectionLtd (SZSE:000544) Seems To Be Using A Lot Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to rui

Simply Wall StApr 29 23:01 ET

Zhongyuan Environmental Protection (000544.SZ): Net profit of 418 million yuan in the first quarter increased 50.34% year-on-year

On April 26, Ge Longhui Environmental Protection (000544.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 1,543 billion yuan, down 4.03% year on year; net profit attributable to shareholders of listed companies was 418 million yuan, up 50.34% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 414 million yuan, up 187.91% year on year; basic earnings per share were 0.4287 yuan.

Gelonghui FinanceApr 26 04:27 ET

Zhongyuan Environmental Protection (000544.SZ): Net profit for 2023 increased 20.47% to 860 million yuan, plans to pay 10 to 1.8 yuan

On March 29, Ge Longhui Environmental Protection (000544.SZ) announced its 2023 annual report. In 2023, the company achieved operating income of 7.813 billion yuan, a year-on-year decrease of 0.50%; net profit attributable to shareholders of listed companies was 860 million yuan, up 20.47% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 698 million yuan, an increase of 73.12% year on year; basic income per share was 0.8825 yuan; it plans to distribute a cash dividend of 1.80 yuan (tax included) to all shareholders for every 10 shares.

Gelonghui FinanceMar 29 06:22 ET

Central Plains Environmental Protection (000544.SZ): Purification Company Signs Nutrient Soil Co-blending Agreement

Gelonghui, March 29丨Zhongyuan Environmental Protection (000544.SZ) announced that the Bagang Sludge Treatment Plant is a sludge treatment plant operated by Zhengzhou Sewage Purification Co., Ltd. (“Purification Company”), a wholly-owned subsidiary of Zhongyuan Environmental Protection. In order to further dispose of the sludge products (nutritious soil) of Bagang Sludge Plant, the purification company plans to sign separate service contracts with the related party Zhengxing Environmental Energy Co., Ltd. (“Zhengxing Company”) and the related party Dongxing Environmental Energy Co., Ltd. (“Dongxing Company”). Xing Company and Dongxing Company are responsible for Bagang Sludge Plant Sludge products (nutrient soil) follow-up

Gelonghui FinanceMar 29 06:12 ET

Central Plains Environmental Protection (000544.SZ): Plans to build photovoltaic power plants for the Zhengzhou New Area Sewage Plant and Shuangqiao Sewage Plant and increase capital for subsidiaries

Gelonghui, March 29丨Zhongyuan Environmental Protection (000544.SZ) announced that in order to thoroughly implement the national strategy, promote the construction of the company's “resource center, energy center, carbon sink center”, further reduce the operating costs of sewage plants, and help build a green and low-carbon sewage treatment benchmark plant that efficiently recycles energy resources, the company's wholly-owned subsidiary Zhongyuan Environmental Protection (Hainan) Co., Ltd. (“Hainan Company”) plans to invest in the construction of distributed photovoltaic power plants and set up separate project companies. In order to ensure the smooth implementation of the project, the company increased its capital to the Hainan company by 32 million yuan. The capital came

Gelonghui FinanceMar 29 06:11 ET

Zhongyuan Environmental Protection (000544.SZ): Henan Assets increased its cumulative shareholding by 1.1955%

Gelonghui, Feb. 18, 丨 Zhongyuan Environmental Protection (000544.SZ) announced that based on recognition of the company's value and confidence in future continuous development, Henan Assets increased its holdings of Zhongyuan Environmental Protection Co., Ltd. by 11.652,700 shares through the Shenzhen Stock Exchange stock trading system with its own capital from April 10, 2023 to February 7, 2024, accounting for 1.1955% of the company's total share capital. After the increase in holdings was completed, Henan Asset's shareholding ratio was 6.1955%.

Gelonghui FinanceFeb 18 03:01 ET