According to a report, Dynagreen Environmental Protection (01330) rose over 4%, up 4.54% as of press time to HK$6.105, with a turnover of HK$4.388 million.
On the news front, on October 23, Dynagreen Environmental Protection announced its results for the first three quarters of 2026, with operating revenue of approximately RMB 2.877 billion, up 11.43% year-on-year; net profit attributable to shareholders of the listed company of approximately RMB 732 million, up 16.9% year-on-year; basic earnings per share of RMB 0.52.
The announcement stated that the increase in net profit was mainly due to the company's active efforts in improving quality, reducing costs, and enhancing efficiency, which led to steady growth in operating revenue alongside an increase in gross profit margin, as well as a reduction in financial expenses and an increase in VAT immediate refund and exemption income.
Analysts pointed out that Dynagreen Environmental Protection's solid waste operation business was steady in the third quarter of 2026, with strong free cash flow. The equity incentive plan set clear growth targets for operating data such as profit and cash flow, and the release of a future three-year dividend plan (clarifying that dividends for 2027-29 will be no less than RMB 0.32 per share) demonstrates development confidence, with current A/H share dividend yields reaching 4.2%/6.4%.
For Dynagreen Environmental Protection's A/H shares, the "Buy" rating is reiterated.
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