Beiqing Huanneng (000803): Net Profit Increased By 432.66% In The First Half Of The Year To 14.0189 Million Yuan

Beiqing Huanneng (000803. SZ) released the semi annual report of 2021. In the first half of 2021, the company achieved a revenue of 272 million yuan, a year-on-year increase of 718.78%. The net profit attributable to the shareholders of the listed company was 14.0189 million yuan, an increase of 432.66% year on year. The net profit after deducting the non recurring profit and loss attributable to the shareholders of the listed company was 13.3105 million yuan, with a loss of 16.9191 million yuan in the same period of the previous year, turning the loss into profit on a year-on-year basis. The basic earnings per share is 0.07 yuan.

In 2020, the company acquired many environmental protection projects, including three kitchen treatment projects and landfill gas refining projects, of which the total production capacity of kitchen projects reached 980 tons / day. In January 2021, the company won the bid for the 350t / D kitchen waste recycling PPP project in Xiangtan City, which is expected to be put into operation by the end of the year. In February 2021, the acquisition of 500 tons of Taiyuan Tianrun project will be started, and the industrial and commercial changes will be completed in July. At present, the operating capacity of kitchen has reached 1480 tons / day, and the production capacity has not been put into operation of 350 tons / day. Moreover, the company will continue to increase the production capacity through bidding, acquisition and other means, and the follow-up kitchen business growth is considerable.