BEIJING ENT (00392) Announces Interim Results with 4.0% Rise in Profit Attributable to Shareholders to Approximately RMB 3.54 Billion

Stock News
Aug 27

BEIJING ENT (00392) has released its interim results for the six months ended June 30, 2026, reporting revenue of approximately RMB 45.005 billion, a 1.1% increase year-on-year. Profit attributable to shareholders rose by 4.0% to approximately RMB 3.54 billion, with basic and diluted earnings per share climbing 4.0% to RMB 2.81. An interim dividend of HK$0.85 per share has been proposed.

According to the announcement, Beijing Gas continued to reinforce its core position in the capital city's gas supply sector, expanding market presence while reducing costs and enhancing efficiency through RMB bond issuance to replace existing high-interest loans. Operating profit saw a year-on-year increase, reflecting a stable trajectory and effectively sustaining the company's foundational business performance.

Beijing Enterprises Water Group retained its top ranking among China's top ten water industry enterprises for the sixteenth consecutive year, maintaining robust free cash flow. Its process-driven AI initiatives are advancing operational models toward a comprehensive upgrade featuring data-driven, model-driven, and end-cloud collaborative approaches.

Beijing Enterprises Environment Group's value-added business continues to show positive growth, with increasing contributions from sludge co-processing, heating and steam supply, and leachate treatment. These efforts are effectively driving existing waste-to-energy projects to transition from single-stream processing revenue toward comprehensive energy and environmental services income.

Germany's EEW continues to optimize contract structures and energy sales arrangements, steadily enhancing revenue stability. Concurrently, expansion and low-carbon projects are progressing methodically, providing solid support for medium- to long-term earnings growth.

Yanjing Beer's flagship product, Yanjing U8, maintained rapid growth momentum, while the newly launched Yanjing A10 successfully entered the market. The combined strength of these two key products is deepening the company's premiumization and youth-oriented market strategy, with ongoing optimization of its product mix.

Through continued debt refinancing, the company has effectively balanced cost control with debt structure optimization, successfully achieving a positive net current asset position. Headquarters financial expenses decreased by more than RMB 50 million year-on-year.

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