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Everbright Environment Tops Brand Value Ranking for China’s Listed Environmental Protection Companies

indie
5 minutes

HONG KONG, Apr 20, 2022 - (ACN Newswire via SEAPRWire.com) - The "Blue Book on Brand Value of Chinese Listed Companies 2021" (the "Blue Book") was recently published by the mainland China publication National Business Daily in collaboration with the China Business Research Centre, School of Economics and Management, Tsinghua University. The brand value ranking of the listed companies in China's environmental protection industry was also revealed in the Blue Book. China Everbright Environment Group Limited ("Everbright Environment" or the "Company") (SEHK: 257) topped the list with a brand value of RMB14.622 billion - the only listed environmental protection company with a brand value of over RMB10 billion. Not only does the Company have a brand value that exceeds the sum of the companies ranked second to fifth, but it also has an annual growth rate of 47.3% (compared to the overall industry growth rate of 14.5%), highlighting its status as the leading player in the industry. Everbright Environment is a leading enterprise in China's environmental industry and the first one-stop integrated environmental solution provider in China. The Company focuses on the four major areas of enviro...

ACN Newswire
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Everbright Grand China Announces 2020 Annual Results

indie
7 minutes

HONG KONG, Mar 25, 2021 - (ACN Newswire via SEAPRWire.com) - Everbright Grand China Assets Limited ("Everbright Grand China" or the "Group"; HKEX stock code: 03699), a subsidiary of China Everbright Group, principally engaged in the businesses of property leasing, property management and sales of properties held for sale, announced its annual results ended 31 December 2020 ("Reporting Period").Dearing the reporting period, the Group's revenue amounted to approximately RMB51.7 million, which represented a decrease of approximately RMB19.6 million as compared to last year, mainly due to the absence of revenue generated from sales of the residential properties. Profit attributable to equity shareholders of the Company was approximately RMB34.0 million, which represented a decline of approximately 8.8% as compared to the last year. The decrease in profit was mainly caused by the net effect of the decrease in valuation gains on investment properties, the increase in administrative expenses due to recognition of costs in relation to preparatory works for the acquisition of properties in the United Kingdom ("U.K.") and the increase in other income, net. The basic earnings per share was ap...