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Beijing Enterprises Holdings Reports Revenue Growth and Operational Milestones for 2024

Story Highlights
  • Beijing Enterprises Holdings reported a 2.1% revenue increase and a 5.0% profit rise for 2024.
  • The company achieved significant operational milestones and optimized its debt structure, enhancing its industry position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Beijing Enterprises Holdings ( (HK:0392) ) has shared an announcement.

Beijing Enterprises Holdings Limited reported a revenue increase of 2.1% to approximately RMB84.064 billion for 2024, with a profit attributable to shareholders rising by 5.0% after excluding one-off events. The company declared a total dividend of HK$1.62 per share, marking a 1.25% increase. Operational highlights include significant achievements in LNG processing, water industry leadership, and record-high revenues for Yanjing Brewery. Financially, the company optimized its debt structure, reduced capital costs, and achieved a cross-level ESG rating upgrade to A by MSCI, enhancing its industry positioning.

More about Beijing Enterprises Holdings

Beijing Enterprises Holdings Limited (BEHL) operates in multiple industries, including natural gas, water treatment, environmental protection, and brewing. The company is known for its significant presence in the LNG processing, water management, and waste-to-energy sectors, with a strong market focus in China and international operations.

YTD Price Performance: 6.47%

Average Trading Volume: 2,420

Technical Sentiment Signal: Sell

Current Market Cap: $4.46B

See more data about 0392 stock on TipRanks’ Stock Analysis page.

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