Beijing Enterprises Water Group ( (BJWTF) ) has released its Q4 earnings. Here is a breakdown of the information Beijing Enterprises Water Group presented to its investors.
Beijing Enterprises Water Group Limited is a prominent player in the water treatment industry, primarily engaged in sewage and water treatment services, construction services, and urban resources management across China and internationally. The company is known for its extensive network of water plants and its commitment to sustainability and technological innovation.
In its latest earnings report for the year ended December 31, 2024, Beijing Enterprises Water Group reported a decrease in profit attributable to shareholders by 11.5% to RMB1,677.6 million, alongside a slight dip in revenue to RMB24,270.5 million. Despite these declines, the company maintained a strong position in China’s water industry, being ranked first in influence for the 14th consecutive year and achieving positive free cash flow for three years running.
Key financial metrics highlighted a decrease in EBITDA by 4.5% to RMB8,525.3 million and a reduction in administrative expenses and finance costs. The company also proposed a final dividend of HK9.1 cents per share, contributing to a full-year dividend of HK16.1 cents. Strategically, the company focused on asset-light entrustment operation projects and continued to enhance its operational service capabilities.
Looking forward, Beijing Enterprises Water Group remains committed to advancing its research and development efforts, particularly in process technologies like AOA, to improve water plant performance and expand capacity. The management’s outlook suggests a continued focus on digitalization and intelligentization to drive growth and efficiency in its operations.