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China Jinjiang Environment: 1H2016 PATMI Grows 20.7% To RMB256 Million.

26 Aug 2016 20:12

Total revenue increased 30.7% to RMB1,034.8 million in 1H2016, revenue from WTE business increased 37.4% to RMB911.1 million. Total waste treated increased 20.0% in 2Q2016 to 2.0 million tons from 2Q2015, bringing total waste treated to 3.7 million tons for 1H2016, an increase of 16.4% from 1H2015. Electricity generated increased 16.8% in 2Q2016 to 534.9 million kWh from 2Q2015, bringing total electricity generated to 1,007.4 million kWh for 1H2016, an increase of 13.6% from 1H2015. Profit before tax increased by 26.4% to RMB372.7 million while EBITDA rose by 28.6% to RMB581.7 million for 1H2016. Pipeline of four facilities under construction, 11 facilities in the preparatory stage and two facilities to be acquired...

Attachments:

• CJEHCL_1H2016_Press_Release_26Aug16.pdf

Source: ShareInvestor Express