Shengyuan Environmental ProtectionFirst-half net profit up 71.18% year on year, beating expectations.

Shengyuan Environmental Protection disclosed its 2026 semi-annual report on August 27. In the first half, total operating revenue reached 791 million yuan, up 6.18% year on year; net profit attributable to the parent company was 196 million yuan, up 71.18% year on year; non-GAAP net profit was 138 million yuan, up 30.74% year on year; net cash flow from operating activities was 295 million yuan, up 5.22% year on year. Basic earnings per share were 0.7229 yuan, and the weighted average return on equity was 4.90%, up 1.82 percentage points year on year. As of the end of the first half, the company's intangible assets decreased by 2.44% compared with the end of the previous year, construction in progress increased by 77.63%, and cash and cash equivalents increased by 53.73%. The company's main business is the specialized treatment of urban solid and liquid waste.
Shengyuan Environmental ProtectionFirst-half net profit up 71.18% year on year, beating expectations.