Trade China Everbright International Limited - 0257 CFD

About China Everbright Environment Group Ltd

China Everbright Environment Group Ltd, formerly China Everbright International Ltd is an investment holding company principally engaged in the energy and infrastructure-related businesses. The Company operates its businesses through four segments. The Environmental Energy Project Construction and Operation segment engages in the construction and operation of waste-to-energy plants, food waste treatment projects, sludge treatment and disposal projects and others. The Greentech Project Construction and Operation segment engages in the construction and operation of integrated biomass utilisation projects and others. The Environmental Water Project Construction and Operation segment engages in the construction, upgrade and operation of waste treatment plants and other projects. The Others segment engages in the conduct of environmental protection technology research and development, provision of environmental-related technological services and other businesses.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, China Everbright Environment Group Ltd revenues increased 16% to HK$49.9B. Net income increased 13% to HK$6.8B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Administrative Expenses increase of 28% to HK$3.53B (expense), Interest on bank and other loans increase of 25% to HK$2.65B (expense).