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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