Tag: Green’s

Baguio Green’s 2023 Adjusted Net Profit increased by 36.7%

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’s Adjusted Net Profit* in 1H2023 increased by 3.5 times

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