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Double Headlines | Revenue and Net Profit Increase, Cumulative Dividend Total Reaches 225 Million!

2024-09-03 13:30:16

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On August 21st, the mid year performance exchange meeting of Beijet in 2024 was successfully held in Beijing. Baijie Te Chairman Quan Qiuhong, Board Secretary Quan Siying, CFO Zhang Lei, Vice General Manager Wang Mingge, as well as 31 institutional investors including Taizheng Capital Management Co., Ltd., Dongxing Securities Co., Ltd., and Guoku Qikai (Hangzhou) Private Equity Fund Management Co., Ltd. attended the event.


Double Headlines | Revenue and Net Profit Increase, Cumulative Dividend Total Reaches 225 Million!




Board Secretary Quan Siying delivered a welcome speech on behalf of Beijie Te, and Vice General Manager Wang Mingge introduced Beijie Te's basic overview, core competitiveness, future development prospects, and business situation in the first half of 2024. As a leading domestic water resources comprehensive utilization service provider, Beijet has always adhered to the development vision of "harmonious coexistence of human, industry and nature", deeply cultivated its main business, and continuously promoted technological innovation and industrial upgrading. From 2019 to 2023, the company's asset size continued to grow, the asset liability ratio remained at a low level, and the operating cash flow remained positive. With the gradual implementation of the company's new five-year strategy, in the first half of 2024, the company achieved a revenue of 530 million yuan, a year-on-year increase of 12.76%, a net profit attributable to the parent company of 135 million yuan, a year-on-year increase of 22.54%, and a net profit after deducting non recurring expenses of 128 million yuan, a year-on-year increase of 22.09%. Among them, the water treatment solution achieved a revenue of 344 million yuan, a year-on-year decrease of 7.63%, while the operation and maintenance business achieved a revenue of 175 million yuan, a year-on-year increase of 89.78%. As of now, the cumulative new orders for water treatment solutions this year are about 482 million yuan, accounting for 73.81% of last year's operating revenue.




At the same time, Beijie Te attaches great importance to the stability and continuity of cash dividends, and sincerely returns to investors who care about and support Beijie Te. The mid-term plan is to distribute a cash dividend of 1 yuan (including tax) for every 10 shares. By the completion of this implementation, the company has accumulated a dividend of 225 million yuan in the three years since its listing, which is 1.2 times the total fundraising amount.





In the future, Beijie Te will continue to actively repay investors with actions and become a strong and responsible listed company!


Double Headlines | Revenue and Net Profit Increase, Cumulative Dividend Total Reaches 225 Million!

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