China Everbright Environment Group Posts 24% Lower 2024 Profit

MT Newswires Live
25 Mar

China Everbright Environment Group (HKG:0257) reported a 24% decline in profit attributable to equity holders for 2024 to HK$3.38 billion from HK$4.43 billion in the prior year, according to a Tuesday filing at the Hong Kong bourse.

Earnings per share were HK$0.5498, down from HK$0.7210 a year ago. Five analysts polled by Visible Alpha estimated EPS at HK$0.57.

Revenue decreased by 6% to HK$30.26 billion from HK$32.09 billion in the previous year. Analysts polled by Visible Alpha estimated revenue at HK$30.59 billion.

The board recommended a final dividend of HK$0.09 per share.

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