As of the six months ended September 30, 2024, Envision Green recorded revenue of approximately 248.2 million Hong Kong dollars, an increase of approximately 10.7 million Hong Kong dollars or 4.5% compared to the same period last year. The gross margin is approximately 44.4 million Hong Kong dollars, a year-on-year increase of 323.9%, with the gross margin improving to 17.9%. However, the net loss attributable to owners of the Company is approximately 26.6 million Hong Kong dollars, an increase of approximately 3.5 million Hong Kong dollars compared to the same period last year. Management pointed out that the revenue from reverse supply chain management and eco-friendly services has significantly increased, becoming the main driver of performance improvement. Despite a decrease in revenue from upper-structure construction, renovation...Show More

As of the six months ended September 30, 2024, Envision Green recorded revenue of approximately 248.2 million Hong Kong dollars, an increase of approximately 10.7 million Hong Kong dollars or 4.5% compared to the same period last year. The gross margin is approximately 44.4 million Hong Kong dollars, a year-on-year increase of 323.9%, with the gross margin improving to 17.9%. However, the net loss attributable to owners of the Company is approximately 26.6 million Hong Kong dollars, an increase of approximately 3.5 million Hong Kong dollars compared to the same period last year. Management pointed out that the revenue from reverse supply chain management and eco-friendly services has significantly increased, becoming the main driver of performance improvement. Despite a decrease in revenue from upper-structure construction, renovation, maintenance, reconstruction, and additional construction projects, the gross margin was able to improve through better cost control measures. Adjusted EBITDA has shifted from a loss to a profit compared to the same period last year, demonstrating a positive transformation in the business. Looking ahead, Envision Green remains optimistic about the development of reverse supply chain management and eco-friendly services, and plans to seize opportunities with European partners. The company will continue to explore business opportunities, especially in the green business and environmental protection sectors, in order to further improve performance. The board of directors has resolved not to declare an interim dividend.