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Capital Environment's H1 Profit Increases; Shares Drop 6%
Capital Env (03989.HK) and Beijing Capital Eco-Environment Protection Group increased capital to Shou Chuang Environmental Sanitation, and the registered capital increased to 0.1 billion yuan.
On August 21st, Geelong Hui reported that on August 20th, 2024, Shouchuang Environment (03989.HK) announced that its wholly-owned subsidiary, Shenzhen Qianhai, had signed an additional capital increase agreement with Beijing Capital Eco-Environment Protection Group and Shouchuang Environment Hygiene Co. Ltd. According to the agreement, Shenzhen Qianhai and Beijing Capital Eco-Environment Protection Group agreed to make additional capital contributions based on their respective existing equity ratios in Shouchuang Environment Hygiene Co. Ltd. After the capital increase is completed, Shenzhen Qianhai and Beijing Capital Eco-Environment Protection Group will continue to hold 51% and 49% of the equity of Shouchuang Environment Hygiene Co. Ltd., respectively, and it will remain as a non-wholly owned subsidiary of the company. The registered capital of Shouchuang Environment Hygiene Co. Ltd. will increase from RMB 9.8039 million to RMB 0.1 billion.
Express News | Capital Environment - Shenzhen Qianhai, Capital Eco Group to Increase Registered Capital of Capital Environmental Sanitation to RMB100 Mln
Express News | Capital Environment - Unit Entered Capital Increase Agreement With Capital Eco Group, Capital Environmental Sanitation
Express News | Capital Environment Holdings Ltd - Capital Increase Agreement
Capital env (03989) announced its interim results, with the attributable profit to the owners of the parent company at approximately 0.171 billion yuan, a year-on-year increase of 13.48%.
Capital env (03989) announced its mid-term performance for 2024, with revenue of approximately 1.787 billion yuan, a year-on-year decrease of 6.3%.
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