Gelonghui, December 5 | Envision Green (1783.HK) opened high and rose today, at one point surging nearly 5% to 6.08 Hong Kong dollars, a record high; the stock has increased over 196% this year, significantly outperforming large cap performance (during the same period, the Hang Seng Index has increased over 14%); the latest market cap exceeds 7.7 billion Hong Kong dollars. Envision Green recently announced its performance for the six months ending September 30, stating that during this period, the group achieved revenue of 0.248 billion Hong Kong dollars, a year-on-year increase of 4.5%, of which revenue from reverse supply chain management and eco-friendly concept related services was 0.157 billion Hong Kong dollars, a year-on-year increase of 138.23%. Adjusted EBITDA turned from a loss of about 13.8 million Hong Kong dollars in the same period last year to a profit of about 15.9 million Hong Kong dollars. During this period, a gross profit of about 44.406 million Hong Kong dollars was achieved, a year-on-year increase of 323.9%, with a gross margin of 17.9%. The significant increase in gross margin was mainly due to the profit margin generated by the segments of superstructure and renovation, maintenance, reconstruction and expansion projects, reverse supply chain management, and environment-related services, as well as a substantial decrease in costs achieved through better cost control measures, leading to an overall improvement in gross margin. (Gelonghui)