Canvest Environmental Protection Group Co. Ltd. (HK:1381) has released an update.
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Canvest Environmental Protection Group Co. Ltd. reports a decrease in revenue and profit for the first half of 2024, with a 28.5% drop in revenue and a 29.4% reduction in profit compared to the previous year. Despite the downturn, the company saw a notable increase in green energy production and waste treatment, contributing to significant environmental benefits like carbon dioxide offset. Operational achievements include a new environmental sanitation project in Anhui Province and a substantial rise in steam sales from Waste-to-Energy projects.
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