Japan – Baguio Green Group (1397. HK) Announces 2025 Interim Results

Baguio Green Group (1397. HK) Announces 2025 Interim Results

– Profit Doubled to HK$ 59 million
– Wins First Marine Cleansing Contract
– Business Footprint Continues to Expand

HONG KONG, Aug 28, 2025 – (ACN Newswire) –Baguio Green Group Limited (“Baguio” or the “Group”01397. HK) is happy to reveal its unaudited interim outcomes for the 6 months ended 30 June 2025 (the “Period”).

Throughout the Period, the Group’s earnings totaled up to roughly HK$ 1,353.5 million, representing a boost of around 4.8% as compared to the exact same duration in 2015. The total gross revenue margin increased from 7.5% for the exact same duration in 2015 to 9.8%, driving the total gross earnings up by around 37.0% to around HK$ 133.0 million. Earnings for the Period totaled up to around HK$ 58.8 million, representing a boost of roughly 128.1% as compared to the exact same duration in 2015.

Organization Overview and Prospects

The Group’s core service, cleaning up services, tape-recorded development throughout the Period. Earnings from cleaning up services increased by 4.0% to roughly HK$ 1,076.5 million, representing roughly 79.6% of the Group’s overall income. Gross revenue margin of the cleansing service increased from 6.4% for the very same duration in 2015 to 7.9%, driving the gross earnings up by 27.4% to around HK$ 84.7 million, generally due to the Group’s brand-new cleaning company agreements with numerous Government departments and various organizations. The Group’s cleaning company cover different situations, consisting of Government streets, markets, leisure locations, medical facilities and centers. Other cleansing websites cover many various locations such as universities, big exhibit centers, Hong Kong International Airport, real estate estates and personal organizations.

Waste management and recycling service taped income of roughly HK$ 145.3 million, representing around 10.7% of the Group’s overall earnings. The gross earnings margin of the waste management and recycling organization rose substantially from 12.9% for the exact same duration in 2015 to 19.2%, driving the gross revenue of this service up by roughly 46.6% to roughly HK$ 28.1 million, generally due to the Government’s proactive promo of recycling and the considerable growth of the network of recycling areas, consisting of those for food waste, which assisted in public involvement and efficiently promoted collection, and the contribution from the green innovation organization. The Group continued to supply Government-related waste collection services for 5 districts, serving a population of around 1.6 million. In regards to recycling, the Group is contracted by the EPD of the Government to offer collection services for countless recycling areas (consisting of plastics, glass bottles, metals, waste and food waste) throughout Hong Kong. Throughout the Period, the Group supplied collection services for recycling bins in public locations and schools. Baguio likewise supplies collection services for Recycling Stations of “GREEN@COMMUNITY”, presented by the EPD, recycling shops and clever recycling devices, and other organizations in Hong Kong. In addition, the Group likewise supplies the Government with glass bottles collection and management services and food waste collection services in numerous districts in Hong Kong, and is among the marketplace leaders.

Relating to green innovation company, the Group won a brand-new agreement to provide the Government with a brand-new generation of solar-powered condensing refuse bins. This ingenious item is created with an auto-sensing inlet and sign lights, and under its sealed style, it is geared up with gadgets for ventilation, lighting, and deodorization. It is geared up with a huge information platform and cordless innovation to keep an eye on information in genuine time, allowing reliable tracking of the status of waste collection points, tactical implementation of resources, optimization of functional performance, and boosted preparation for future efforts. The solar-powered compacting decline bins embrace solar panels and rely on sustainable energy, which substantially lowers carbon emissions. They can be flexibly released in different circumstances, ideal for remote locations where there are no refuse collection points. This item is anticipated to be slowly released into the marketplace in the year.

The Group took the chance of clever city advancement and has actually been dedicated to broadening its market share of clever recycling over the last few years. Presently, Baguio’s clever recycling items, such as clever recycling devices, wise food waste recycling makers, and clever balances, have actually been released in various locations throughout Hong Kong, consisting of Government places and schools, personal real estate estates, business structures, amusement park, massive exhibit locations, and sports arenas. These items offer the general public with hassle-free recycling services 24 hr a day and aid increase Hong Kong’s total recycling volume.

In collaboration with Jardine Engineering Corporation Limited, the Pilot Biochar Production Plant at the EcoPark in Tuen Mun has actually begun operation. By transforming lawn waste into premium biochar with pyrolysis innovation for different applications, the production plant successfully “turns waste into helpful resources”.

When it comes to the landscaping company, the Group supplies landscaping services for a wide variety of customers, consisting of big personal houses, Government properties, schools, going shopping malls, hotels, airports, Hong Kong Housing Authority, Hong Kong Jockey Club, Hong Kong Science Park, the University of Hong Kong, Hong Kong University of Science and Technology and Lingnan University, and so on. Throughout the Period, the Group offered landscaping services for Kai Tak Sports Park, Hong Kong International Airport, Hong Kong-Shenzhen Innovation and Technology Park, Nano Parks, and the Tung Chung New Town Extension (West).

For pest management service, the Group continued to offer insect management services in Wong Tai Sin and Tai Po districts throughout the Period. In addition, the Group offered termite control and tracking services to 29 monoliths under the Antiquities and Monuments Office and 24 temples under the Chinese Temples Committee respectively.

Since 30 June 2025, the Group’s agreements on hand totaled up to roughly HK$ 3.10 billion, supplying substantial earnings for subsequent years.

Subsequent to the Reporting Period, the Group has actually been effectively granted a 3-year agreement from the Marine Department of the Government for around HK$ 150 million for the arrangement of “Marine Refuse Cleansing and Disposal Services in the Eastern Waters of Hong Kong”. This agreement marks a substantial turning point for Baguio, as it represents a tactical growth of its service portfolio from land to sea, even more reinforcing its prominent position in Hong Kong’s integrated ecological services market. Under the agreement, Baguio will provide thorough marine refuse cleaning and ship decline collection services in the Eastern Waters of Hong Kong beginning with 1 October 2025 consisting of, however not restricted to: Victoria Harbour, Central, Sheung Wan, Causeway Bay, Tsim Sha Tsui, Yau Ma Tei, Cheung Sha Wan, Shau Kei Wan, Kwun Tong, Sai Kung, Tolo Harbour and Tai Po. Winning this agreement symbolizes strong market acknowledgment of Baguio’s exceptional efficiency over the previous 45 years. The Group will flawlessly extend its expert requirements and functional effectiveness in land-based waste management to the marine environment, making every effort to secure Hong Kong’s important marine community and provide a cleaner, more stunning Victoria Harbour to both locals and travelers.

Just recently, the Group has actually been effectively granted 2 35-month agreements from the EPD, with an overall worth of around HK$ 43 million. Beginning with September 2025, the Group will be accountable for running the “GREEN@Tai Wo” and “GREEN@Po Lam” recycling shops, and will team up with neighboring structures, companies, and neighborhood stakeholders to develop and run repaired and mobile recycling areas for waste collection, offer neighborhood recycling assistance to assist in residents, and promote and inform the general public on waste sorting and recycling in the neighborhood to enhance people’ recycling practices.

In addition, the Promotion of Recycling and Proper Disposal of Products (Miscellaneous Amendments) Bill 2025 sent by the Government was gone by the Legislative Council on 23 July 2025. This costs develops a typical legal structure for manufacturer duty plan relevant to various items. Under this structure, the Government prepares to send the manufacturer duty plan on plastic drink containers and drink containers in the coming year. The plan motivates residents to return utilized containers for recycling to make refund, which will assist substantially increase the recycling rate. Taking advantage of the plan, Baguio’s recycling volume is anticipated to be straight increased, offering appealing returns for the Group’s long-lasting financial investments in recycling services and competitive barriers.

The Government is actively establishing the Northern Metropolis. 4 brand-new advancement locations consist of Kwu Tung North/Fanling North, Hung Shui Kiu/Ha Tsuen, Yuen Long South, and San Tin Technopole are under building and construction. The Government has actually resumed more than 400 hectares of personal land within these 4 brand-new advancement locations, finished land levelling for 80 hectares, and is gradually turning over these lands to appropriate departments for constructing roadway and train facilities, public and personal real estate, schools, public markets, eco-friendly preservation, in addition to advancement of development and innovation market. The Group thinks that this will bring chances for much of its core companies.

Looking forward, the Group will continue to increase the marketplace share of its core companies and proactively take part in growth in Hong Kong and beyond. In line with the advancement of the Company, it will actively check out prospective mergers and acquisitions, joint endeavors or brand-new service jobs to speed up future company development and provide considerable and long-lasting returns to investors.

For information of the Group’s 2025 interim outcomes statement, please check out:
https://www.baguio.com.hk/en/investor/notices/

About Baguio Green Group Limited

Developed in 1980, Baguio Green Group (Stock code: 01397. HK) is among Hong Kong’s biggest incorporated ecological management option companies. It offers a complete spectrum of expert services consisting of expert cleansing, waste collection & & recycling, waste management, green innovation, green items, cultivation & & landscaping, and insect control. The Group provides ingenious ecological services utilizing the current innovations to serve a large range of clients in numerous sectors consisting of Government departments, statutory companies and international corporations. Totally dedicated to ESG, the Group works non-stop to advance sustainable advancement and produce a cleaner, greener, much healthier city for a greener tomorrow.

Baguio Green Group Limited, https://www.baguio.com.hk [XHKG:01397]