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Penyao Environmental Protection (300664.SZ): The application for civil Aviation airworthiness certification is currently being prepared.
On December 20, Gelonghui reported that Penyao Environmental Protection (300664.SZ) announced on the investor interaction platform that Panjin Penyao has obtained ISCC CORSIA and ISCC EU certifications. The sales intention reached with an overseas company under PetroChina involves customers who are traders in Europe. The application for domestic civil Aviation airworthiness certification is currently being prepared. The company will adjust production arrangements and capacity expansion based on a comprehensive assessment of industry development trends, customer Order status, raw material and product prices, and other factors.
Debon Securities: Domestic policies intensively stimulate the release of SAF demand, and SAF prices in the external market rise.
The production of qualified SAF products by multiple companies and the acquisition of airworthiness certification may signify the continuous consolidation of the pilot promotion and application foundation of domestic bio-aviation fuel, confirming the overall accelerated development trend of the SAF industry in the country.
Return Trends At Penyao Environmental Protection (SZSE:300664) Aren't Appealing
Debon Securities: The development of biomass fuel welcomes bullish policies again, and the demand for bio-aviation coal is expected to accelerate.
According to China Energy News, compared with traditional petroleum aviation kerosene, the carbon dioxide emissions of the entire life cycle can be reduced by more than 50%, with a maximum reduction of 85%.
Pengyao Environmental Protection: Report for the Third Quarter of 2024
Penyao Environmental Protection (300664.SZ): The net income for the first three quarters was 0.209 billion yuan, a year-on-year decrease of 32.79%.
Pennyao Environmental Protection (stock code: 300664.SZ) announced its third quarter report for 2024 on October 29. The company achieved revenue of 1.313 billion yuan in the first three quarters of the year, a decrease of 7.37% year-on-year; net income attributable to shareholders of the listed company was 0.209 billion yuan, a decrease of 32.79% year-on-year; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.17 billion yuan, a decrease of 17.44% year-on-year; basic earnings per share were 0.2770 yuan.
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