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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.
Learn more about BHK stock on TipRanks’ Stock Analysis page.