Detail akcie Tianjin Cap Env -H- online

Business Summary: Tianjin Capital Environmental Protection Group Company Limited is engaged in water utilities business, and energy cooling and heating supply business. The Company's principal activities include the processing of sewage water, construction and management of related facility, supply of tap water, recycled water and supply of heating and cooling and management of related facility. Its segments include Tianjin plants, Hangzhou plants, Other plants, Recycled water, Heating and Cooling, Tap water, Sale of environmental protection equipment and All other. It provides design, construction and operations of sewage processing facility and financing, construction and transfer of sewage processing facility project services. The recycled water business includes developing, constructing and operating of recycled water projects, production and sale of recycled water, and provision of related research and development, and technical consultation services.
Financial Summary: BRIEF: For the six months ended 30 June 2021, Tianjin Capital Environmental Prtctn Grp revenues increased 26% to RMB1.88B. Net income increased 19% to RMB304.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Interest expenses of borrowings increase of 37% to RMB173.9M (expense), Other income decrease of 31% to RMB51.2M (income).