HONG KONG, August 30, 2026: China Everbright Environment Group Limited reported a 10% increase in profit attributable to equity holders for the first half of 2026, as the environmental services group advanced its technology-led, international and industrial ecosystem strategies.
Everbright Environment, listed on the Hong Kong Stock Exchange under stock code 257.SEHK, recorded total revenue of approximately HK$14.18 billion, down 1% year-on-year, while EBITDA rose 4% to HK$6.31 billion. Profit attributable to equity holders increased 10% to HK$2.43 billion, and basic earnings per share rose 10% to HK39.58 cents.
The board declared an interim dividend of HK16.0 cents per share, compared with HK15.0 cents per share in the previous year, representing a dividend payout ratio of 40%.
The group said revenue from operation services continued to account for a rising share of total revenue, reinforcing the transformation of its revenue structure. It remained aligned with three development directions: technology as a driving force, an internationalisation pathway and an industrial ecological system.
China Footprint and Overseas Expansion
As of June 30, 2026, Everbright Environment had a business presence across 24 provinces, autonomous regions, municipalities and a special administrative region in China, covering 228 cities, counties and districts. Overseas markets extended to 20 countries, including Germany, Poland, Vietnam and Uzbekistan.
The group had invested in and secured 603 environmental protection projects, with aggregate investment of approximately RMB164.51 billion. Its environmental energy and greentech sectors had secured 196 waste-to-energy projects, with designed daily household waste processing capacity of 163,050 tonnes, including capacity under the operation and management model.
In overseas markets, Everbright Environment expanded through asset-light models such as equipment supply and design consulting, entering markets including Singapore, the Philippines and Seychelles. It also made progress in Vietnam and Indonesia, advancing its internationalisation strategy across multiple fronts.
For ABT readers, the Southeast Asia angle is significant. Everbright’s expansion into the Philippines, Singapore, Vietnam and Indonesia signals how China-based environmental infrastructure companies are using asset-light models to enter high-growth waste, water and environmental services markets across the region.
Asset-Light Business and Technology Commercialisation
In the first half of 2026, Everbright Environment invested in and secured one new project with investment of approximately RMB90 million, and signed new asset-light business contracts with a total contract value of approximately RMB1.04 billion. These covered waste-to-energy, heat and steam supply, wastewater treatment, equipment supply and technical services.
Technology development remained a major priority. The group restructured its envirotech sector, revised R&D management systems and established cross-sector task forces focused on fly ash resource utilisation and high-value biomass utilisation. It launched more than 10 company-level and sector-level research projects and advanced initiatives such as fly ash resource utilisation and fly ash re-injection.
Its Small and Micro Grate Furnace technology was appraised as internationally leading, with multiple units deployed and operating. The group also launched its first overall AI construction plan, deploying AI applications across office operations, procurement and finance. As of June 30, 2026, Everbright Environment held 2,398 intellectual property rights.
Environmental Output
In the first half of 2026, Everbright Environment generated more than 14.3 billion kWh of green electricity by processing over 33 million tonnes of household waste, hazardous and solid waste, and agricultural and forestry waste. The output was equivalent to saving more than 5.7 million tonnes of standard coal.
The group supplied more than 4.42 million tonnes of heat and steam and displaced approximately 7.5 million tonnes of CO2 equivalent greenhouse gas emissions. It also treated nearly 900 million cubic metres of wastewater and waste-to-energy plant leachate, reducing chemical oxygen demand emissions by 470,000 tonnes.
Sector Performance
Environmental Energy expanded asset-light businesses overseas, including in the Philippines and Seychelles, and made progress in Vietnam and Indonesia. In the first half, the sector signed 52 new asset-light service contracts worth approximately RMB172 million.
Everbright Water secured one new project with investment of approximately RMB90 million and signed asset-light contracts worth approximately RMB68 million, adding designed daily water treatment capacity of 20,000 cubic metres. Two wastewater treatment plants received approval to increase service fees by 8% to 35%.
Everbright Greentech signed three new environmental remediation contracts worth approximately RMB58 million. Its biomass raw material processing volume and heat and steam supply increased 4% and 19%, respectively, while one solar power project commenced operations.
Equipment manufacturing signed five external equipment sales contracts worth approximately RMB266 million, covering incinerators, flue gas purification equipment, leachate treatment systems and new products. It also signed 77 external after-sales and service contracts worth approximately RMB316 million.
Wang Silian, Executive Director and Chairman of Everbright Environment, said the group achieved progress across technology, internationalisation and industrial ecosystem development, and would remain focused on high-quality development as the environmental protection industry undergoes transformation.
Everbright Environment describes itself as the largest environmental enterprise in China, a leading player in Asia’s environmental protection industry and the world’s largest waste-to-energy operator, with designed daily household waste processing capacity of more than 160,000 tonnes.