Tag: Baguio

HONG KONG, Mar 29, 2024 – (ACN Newswire) – Baguio Green Group Limited (‘‘Baguio’’ or the ‘‘Group’’, Stock Code: 01397.HK) is pleased to announce its annual results for the year ended 31 December 2023 (the “Year”). During the Year, the Group’s revenue was approximately HK$2.33 billion, representing an increase of approximately 29.8% as compared with the preceding year. Excluding non-operating subsidies* from the HKSAR Government (the “Government”), the Group has recorded an adjusted net profit for the Year of approximately HK$46.3 million, representing an increase of approximately 36.7% as compared to the corresponding figure in 2022. The Board recommends the payment ... Read more

Baguio Green Group Limited (“Baguio” or the “Group”, Stock Code: 01397.HK) is pleased to announce its unaudited interim results for the six months ended 30 June 2023 (the “Period”). During the Period, revenue was approximately HK$1.11 billion, representing an increase of approximately 55.0% as compared with the same period last year, mainly due to the increase in the Group’s cleaning, waste management and recycling businesses during the Period. Profit for the Period was approximately HK$21.7 million, representing an increase of approximately 27.0% as compared with the same period last year. Adjusted net profit* was HK$21.3 million, representing an increase of ... Read more

Baguio Green Group Limited (“Baguio” or the “Company”, Stock Code: 01397.HK) is pleased to announce that it has been awarded a 2-year service contract (“Contract”), by the Environmental Protection Department (“EPD”) of the HKSAR Government (“the Government”) for the provision of Smart Recycling Machines (“SRMs”), each with two compartments, and a Big Data Analytics Platform (“the Platform”) to drive the smart city development in Hong Kong. This Contract marks a significant milestone for Baguio in its development of smart technology solutions for green initiatives. Throughout the years, Baguio has been managing EPD’s traditional 3-colour bins in thousands of locations in ... Read more

Baguio Green Group Limited (“Baguio” or the “Company”, Stock Code: 01397.HK) is pleased to announce that it has been awarded two 3-year service contracts, worth approximately HK$482 million in total, by the Food and Environment Hygiene Department (“FEHD”) of the HKSAR Government for street cleansing services in Mong Kok district and pest control services in Wong Tai Sin district commencing 1 October 2022. The new contracts drive Baguio’s total Contracts on Hand to a historical high level of approximately HK$3.8 billion (as of 30 Sep 2022). Winning this new FEHD street cleansing contract highlights Baguio’s position as a leading player ... Read more