Beijing Enterprises Holdings ( (BJINF) ) has released its Q4 earnings. Here is a breakdown of the information Beijing Enterprises Holdings presented to its investors.
Beijing Enterprises Holdings Limited is a diversified conglomerate based in Hong Kong, primarily engaged in the gas, water, environmental, and brewery sectors. The company is known for its significant presence in the Chinese market and its strategic investments in infrastructure and utility services.
In its latest earnings report for the year ended December 31, 2024, Beijing Enterprises Holdings Limited announced a revenue of approximately RMB84.064 billion, marking a 2.1% increase from the previous year. The profit attributable to shareholders was RMB5.123 billion, reflecting a 5.0% increase when excluding the impact of one-off events from the prior year.
Key highlights from the report include Beijing Gas achieving over 1 million tons of LNG processing volume in its Tianjin Nangang project, and BE Water maintaining its top position in China’s water industry for 14 consecutive years. Additionally, Yanjing Brewery reported a record net profit exceeding RMB1 billion, driven by continuous double-digit growth. The company also made strides in optimizing its debt structure, issuing over RMB10 billion in Panda Bonds at record low rates.
Looking ahead, Beijing Enterprises Holdings Limited remains focused on enhancing its operational efficiency and expanding its market presence. The company aims to continue its leadership in the industry while optimizing its capital structure and maintaining a strong emphasis on environmental, social, and governance (ESG) standards.