China Everbright Greentech Ltd. (CK7.F,1257.HK) reported Wednesday a turnaround to profit in fiscal 2025, despite weak revenues. Further, the firm lifted annual dividend significantly.
In Hong Kong, the shares were gaining around 3.6 percent, trading at HK$0.870.
In the year, the profit attributable to equity shareholders was HK$113.11 million, compared to prior year's loss of HK$415.38 million.
Earnings per share were 5.47 HK cents, compared to loss of 20.10 HK cents a year ago.
Earnings before interest, taxation, depreciation and amortisation or EBITDA increased 62% to HK$1.61 billion from HK$994.15 million last year.
Revenue, meanwhile, decreased 4% to HK$6.73 billion from last year's HK$6.98 billion.
Further, the Board has recommended a final dividend of HK2.8 cents per share for the year 2025 to the shareholders, while no final dividend was paid last year. Total dividends for the year increased by 300% to HK5.6 cents from HK1.4 cents per share a year ago.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.