SGX-listed Zheneng Jinjiang Environment has announced a significant increase in its financial performance for the first half of 2025, with net profit attributable to equity holders rising by 60.5% year-on-year to RMB332 million. This growth is attributed to enhanced operational efficiency and increased revenue from its waste-to-energy (WTE) business, which saw revenue climb to RMB1.79 billion.
The company’s gross profit also experienced a notable rise, increasing by 10.1% year-on-year to RMB699.1 million, with the gross profit margin improving by 3.3 percentage points to 38.4%. These gains are largely due to technical upgrades and management optimisation at existing WTE plants, as well as the expansion of grate furnace systems and increased revenue from slag by-products.
Looking ahead, Zheneng Jinjiang Environment is actively expanding its capacity, with six WTE projects currently under construction and 16 more in the planning stages. Upon completion, these projects are expected to boost the company’s total installed waste treatment capacity to 58,205 tonnes per day and 1,212MW.
The company’s strategic focus on improving operational efficiency and expanding capacity underscores its commitment to sustainable growth in the waste management sector. As the demand for efficient waste treatment solutions continues to rise, Zheneng Jinjiang Environment’s ongoing projects are poised to enhance its market position and financial performance further.
“`
