Capital Environment Holdings' profit up 10.27% on strategic adjustments, efficiencies

Capital Environment Holdings Limited reported a profit attributable to owners of the parent of RMB188,182,000 for the six months ended June 30, 2025, a 10.27% increase from RMB170,656,000 in the same period of 2024. Revenue grew by 4.99% to RMB1,875,929,000, primarily due to newly secured environmental sanitation projects. Gross profit margin improved to 37.64% from 36.41%, reflecting the commencement of project operations and cost reduction measures.

Total assets as of June 30, 2025, stood at RMB21,075,446,000, a slight increase of 0.93% from December 31, 2024. The gearing ratio decreased marginally to 65.89% from 66.52%. However, the current ratio declined to 1.12 from 1.37 due to a significant rise in interest-bearing bank and other borrowings due within one year, which increased to RMB4,869,288,000 from RMB3,040,100,000.

The Group secured 65 projects with a total investment of approximately RMB19,758,000,000. During the reporting period, 57 projects were operational, including 26 waste-to-energy and biomass power generation projects, and completed domestic waste disposal of 5,382,700 tonnes, generating 1,417 million kWh of on-grid electricity.