According to the Zhitong Finance App, Everbright Environment (00257) announced the results for the year ended December 31, 2023. The group obtained revenue of HK$32.09 billion, a year-on-year decrease of 14.02%; profit attributable to the company's equity holders was HK$4.429 billion, a year-on-year decrease of 3.75%; profit per share was 72.1 HK cents, and a final dividend of HK8 cents per share was planned.

In terms of business performance, looking back at the year, the Group adhered to strategic leadership, further increased the revenue share of operating services, and achieved remarkable results in cost reduction and efficiency; focused on the main business, continued to develop new roots, actively and steadily “go global”, and continue to build a cooperative ecosystem and enrich the business layout; relied on high-quality environmental protection projects to actively serve the country's major strategies, highlight corporate responsibility; optimize the operation management system, reduce costs in multiple dimensions, promote digital and intelligent transformation, and improve the quality and efficiency of operation management; insisted on innovation-driven and empowered, and continued to develop a “light and heavy” business model The level of power and digital intelligence of management continues Upgrading, scientific research and the transformation and application of achievements have continued to be strengthened, equipment manufacturing has accelerated transformation and upgrading; corporate governance has been further standardized, and decision-making efficiency has been further improved.

The total revenue of the Group during the year under review was HK$32.09 billion. Among them, revenue from operating services was HK$19.187 billion, up 2% from 2022; revenue from construction services was HK$7.676 billion, down 42% from 2022. Operating service revenue and financial revenue accounted for 76% of total revenue.

During the year under review, the Group actively expanded financing channels, continued to improve the portfolio of financing instruments, save financing costs and improve liquidity. At the same time, the Group is actively monitoring changes in interest rates in domestic and foreign markets, continuing to reduce interest rates on domestic loans, replace high-interest loans from abroad in an orderly manner, and greatly reduce interest costs. In addition, the Group has taken many measures and stepped up efforts to recover and manage various accounts receivable, negotiated new loan amounts with banks, and received a total of RMB 181 million in various financial subsidies from the state. As of December 31, 2023, the Group's cash holdings reached HK$8.633 billion, with reasonable debt levels and a healthy financial position.

As of December 31, 2023, the Group's business distribution has expanded to 26 domestic provinces (cities), autonomous regions and special administrative regions, covering 225 cities, counties and regions, with an overseas market layout in Germany, Poland, Vietnam and Mauritius; it has invested and implemented 592 environmental protection projects, with a total investment of about RMB 160.655 billion; it also undertakes environmental restoration, “engineering design-procurement-construction-operation” (EPCO), general engineering contracting (EPC), contract operation (O&M), equipment supply, technical services, etc. As the world's largest waste-to-energy investment operator, the Group's environmental energy and green environmental protection sector has implemented a total of 191 waste-to-energy projects (including 1 O&M project and 1 EPCO project), treating 158,900 tons of domestic waste per design day.