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SIIC Environment Holdings ( (SG:BHK) ) has issued an announcement.
SIIC Environment Holdings Ltd. reported a 7.1% year-on-year increase in net profit attributable to shareholders for the first half of FY2025, alongside a significant improvement in cash flow. The company’s revenue slightly decreased by 4.4%, but it achieved a 1.2 percentage point increase in gross profit margin. The core business segment, operating and maintenance income from services concession arrangements, saw a 4.9% growth, while service income from the asset-light business increased by 18.0%. The company also optimized its financing structure, reducing financial expenses by 12.5%, which strengthens its industry competitiveness and lays a foundation for future growth.
More about SIIC Environment Holdings
SIIC Environment Holdings Ltd. is a leading company in China specializing in water treatment and environmental protection. The company focuses on providing services related to operating and maintaining water treatment facilities and environmental protection projects.
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