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SIIC Environment Q1 Net Profit Decreases Nearly 16%; Shares Fall 3% in Hong Kong
SIIC Environment Holdings (HKG:0807, SGX:BHK) reported a 126.2 million yuan net profit attributable to shareholders for Q1 2024 disclosing a year-on-year decrease of 15.8%, according to a filing with
Net profit attributable to shareholders of Shanghai Industrial Environment (00807.HK) in the first quarter was 126.3 million yuan
Gelonghui, May 13, 丨 Shanghai Industrial Environment (00807.HK) announced the Group's unaudited interim financial results for the three months ended March 31, 2024 (“First Quarter 2024"). The Group's net profit attributable to shareholders for the current period reached RMB 126.3 million, down 15.8% from the same period last year. The Group's total revenue decreased by 15.1% from the same period last year to RMB 1,628.1 million, and gross profit decreased by 9.6% to RMB 6112 million compared to the same period last year. As of March 31, 2024, the Group's cash and cash equivalents reached RMB 3.05 billion.
SIICENVIRONMENT: Unaudited Condensed Interim Financial Statements and Dividend Announcement for the First Quarter and Three Months Ended 31 March 2024
Shanghai Industrial Environment (00807.HK): Letter received on speeding up the construction of the Wuhan Hanxi Sewage Treatment Plant Phase III project
Gelonghui, May 10 | Shanghai Industrial Environment (00807.HK) issued an announcement. The company, together with its subsidiary Wuhan Hanxi Sewage Treatment Co., Ltd. (“Wuhan Hanxi”), which indirectly holds 80% of the shares, received a letter from the Wuhan Municipal Water Authority to accelerate the construction of the Wuhan Hanxi Sewage Treatment Plant Phase III Project (“Project”), clearly stating that Wuhan Hanxi is the implementing entity of the project. Wuhan Hanxi holds 43%, 37% and 20% of the shares of the company, Shangshi Environmental Holdings (Wuhan) Co., Ltd. (a wholly-owned subsidiary of the company), and Wuhan Urban Drainage Development Co., Ltd., respectively. The total investment of the project is about RMB
SIIC Environment Starts Operations at 3 Wastewater Treatment Plants in China's Zhejiang Province
SIIC Environment Holdings (HKG:0807, SGX:BHK) said three wastewater treatment plants ("WWTP") with a cumulative capacity of 160,000 tons per day, built recently in China's Zhejiang Province, have comm
Shanghai Industrial Environment (00807.HK) plans to hold a board meeting on May 13 to approve the first quarter results
Gelonghui, May 3, 丨 Shanghai Industrial Environment (00807.HK) announced that the board of directors meeting will be held on May 13, 2024 (Monday) to approve the publication of the first quarter results of the company and its subsidiaries for the three months ended March 31, 2024, and to consider paying dividends (if any).
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