China Everbright Environment Group (257) investor relations material

Executive summary

• Revenue for the first half of 2026 was HK$14.18 billion, down 1% year-over-year, with EBITDA up 4% to HK$6.31 billion and net profit attributable to equity holders up 10% to HK$2.43 billion.

• Operation services revenue rose 8% while construction services revenue fell 54%, shifting the revenue mix toward recurring operations.

• Interim dividend declared at HK16.0 cents per share, up from HK15.0 cents, with a payout ratio of 40%.

• The Group maintained stable development, advanced technological innovation, expanded its international presence, and focused on building an industrial ecological system.

Financial highlights

• EBITDA: HK$6.31 billion (+4% YoY); Net profit attributable to equity holders: HK$2.43 billion (+10% YoY).

• Basic EPS: HK39.58 cents (+10% YoY).

• Total assets: HK$198.1 billion (+5% from Dec 2025); Equity attributable to equity holders: HK$57.04 billion (+9%).

• Gearing ratio: 61% (down 1 ppt from end-2025); Current ratio: 112% (up 5 ppt).

• Cash and bank balances: HK$9.92 billion (down 6% from end-2025).

Outlook and guidance

• The Group is entering a period of renewal and recovery, focusing on high-quality development and the launch of its 15th Five-Year Plan.

• Priorities include refined operations, cost control, market expansion, technological innovation, risk management, and talent development.

• Plans to pursue key project opportunities domestically and internationally, deepen AI and technological innovation, and strengthen risk and capital management.

• The Group aims to accelerate high-quality growth and create long-term value for stakeholders.