00257.HK announced interim results for 2022. Earnings before interest, tax, depreciation and amortization were HK $7.048 billion, down 14%. Earnings before tax were HK $4.326 billion, down 28%. Earnings attributable to equity holders of the company were HK $2.811 billion, down 28% from the same period last year. Basic and diluted earnings per share were HK45.76 cents, with an interim dividend of HK15.0 cents per share.

As of June 30, 2022The Group's business footprint has expanded to 25 provinces (municipalities), autonomous regions and special administrative regions in China, covering more than 210 districts, counties and cities, with overseas markets in Germany, Poland, Vietnam and Mauritius. 540 environmental protection projects have been invested, with a total investment of about 154.077 billion yuan, 44 environmental restoration services, 3 garbage sorting services and 26 general engineering contracts ("EPC") projects, 5 contracts for energy management ("EMC") projects and 6 commissioned operational projects. As the world's largest operator of waste power generation investment, the Group has implemented a total of 178 waste power generation projects (including 1 commissioned operation project) under its environmental protection energy and green sectors, with a design day to deal with domestic waste 15..120000 tons.

In order to ensure its sustainable development and provide solid financial backing for medium-and long-term development, the Group continued to expand financing channels and create a combination of both long and short financing instruments during the period under review. In addition, the Group has stepped up efforts to recover all kinds of accounts receivable, negotiated with banks to obtain new loan lines, and received various state funding subsidies of up to 184 million yuan. As of June 30, 2022, the group had cash on hand of 14.713 billionPortYuan, reasonable level of debt, healthy financial position.