Beijing Enterprises Water Group ( (HK:0371) ) has provided an update.
Beijing Enterprises Water Group reported a decrease in profit attributable to shareholders by 11.5% for the year ended December 31, 2024, with EBITDA also declining by 4.5%. Despite these financial challenges, the company maintained positive free cash flow for three consecutive years and continued to enhance its operational service capabilities, focusing on digital and intelligent solutions to drive growth in sewage treatment operations. The company also sustained reductions in administrative expenses and finance costs, while advancing research and development in process technologies to improve water plant performance.
More about Beijing Enterprises Water Group
Beijing Enterprises Water Group is a leading company in China’s water industry, focusing on sewage treatment operations and water plant performance enhancement through digitalization and intelligentization. The company is recognized for its influential presence in the industry and commitment to sustainability.
YTD Price Performance: -15.62%
Average Trading Volume: 1,381
Technical Sentiment Signal: Buy
Current Market Cap: $2.92B
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