Environmental Protection Department

Driven by Waste Charging Baguio wins new contracts for smart food waste recycling machines for large residential estates

Retrieved on: 
Thursday, January 25, 2024
Government, Statistics, Environment, HKSAR, Municipal solid waste, Public housing, EPD, Food, Environmental Protection Department, Recycling, The Conservation Fund

HONG KONG, Jan 25, 2024 - (ACN Newswire) - Baguio Green Group Limited ("Baguio" or the "Group", Stock Code: 01397.HK) is pleased to announce that following last year's success in securing a smart recycling machine contract from the Environmental Protection Department ("EPD") of the HKSAR Government ("the Government"), the Group has won new contracts for two large private residential estates for the provision of smart Food Waste Recycling Machines ("Food Waste Recycling Machines") and maintenance services.

Key Points: 
  • HONG KONG, Jan 25, 2024 - (ACN Newswire) - Baguio Green Group Limited ("Baguio" or the "Group", Stock Code: 01397.HK) is pleased to announce that following last year's success in securing a smart recycling machine contract from the Environmental Protection Department ("EPD") of the HKSAR Government ("the Government"), the Group has won new contracts for two large private residential estates for the provision of smart Food Waste Recycling Machines ("Food Waste Recycling Machines") and maintenance services.
  • Currently, Hong Kong only recycles about 200 tonnes of food waste per day, lower than the total amount of food waste produced.
  • The Government intends to extend the installation of the Food Waste Recycling Machines in all public housing estates in Hong Kong this year.
  • With waste charging set to take effect, the Government is proactively offering financial aid for private estates to install Food Waste Recycling Machines through the Recycling Fund and the Environment and Conservation Fund.

Baguio wins new contracts worth HK$752 million Driving Contracts on hand to a historical high of HK$4.7 billion

Retrieved on: 
Wednesday, October 11, 2023
Collection, School, Recycling, Food, Hand, Environmental Protection Department, Leisure and Cultural Services Department, Airline

HONG KONG, Oct 11, 2023 - (ACN Newswire) - Baguio Green Group Limited ("Baguio" or the "Group", Stock Code: 01397.HK) is pleased to announce that since the interim result reported as of 30 June 2023, the Group has successfully secured new contracts with a total value of approximately HK$752 million from various Hong Kong government departments, quasi-government organizations and private organizations.

Key Points: 
  • HONG KONG, Oct 11, 2023 - (ACN Newswire) - Baguio Green Group Limited ("Baguio" or the "Group", Stock Code: 01397.HK) is pleased to announce that since the interim result reported as of 30 June 2023, the Group has successfully secured new contracts with a total value of approximately HK$752 million from various Hong Kong government departments, quasi-government organizations and private organizations.
  • The new contracts drive Baguio's total value of contracts on hand to a historical high of approximately HK$4.7 billion as of 5 October 2023.
  • These new contracts include but not limited to:
    1) Leisure and Cultural Services Department's contract for the provision of cleansing and supporting services to leisure venues in Sham Shui Po and Yau Tsim Mong districts;
    2) Food and Environment Hygiene Department's contract for the provision of management, cleansing and pest control services for markets in Wong Tai Sin district;
    3) Environmental Protection Department's contract for the provision of recyclables collection services for recycling bins in public spaces and schools.
  • As a result, the Group records a historical high for its total value of contracts on hand, demonstrating the Group's strong momentum in its business growth.

Baguio Green's Adjusted Net Profit* in 1H2023 increased by 3.5 times

Retrieved on: 
Tuesday, August 29, 2023
GREEN, New Territories, Recycling, Housing, Canadarm, University, Urban Council Centenary Garden, Metal, Waste management, Food, Urban Council, Francisco Menéndez (black soldier), Airport, Municipal solid waste, The Hong Kong University of Science and Technology, Environmental Protection Department, Food and Environmental Hygiene Department, Government, ESG, Internet, School, Hospital, Collection, Central & Western District R&SA, Manure, Biophysical environment, Vending machine, MSW, Growth, AI, Social, Hand, EPD, Hong Kong Science Park, Airline, Music

Profit for the Period was approximately HK$21.7 million, representing an increase of approximately 27.0% as compared with the same period last year.

Key Points: 
  • Profit for the Period was approximately HK$21.7 million, representing an increase of approximately 27.0% as compared with the same period last year.
  • Adjusted net profit* was HK$21.3 million, representing an increase of approximately 352.0%, as compared with the same period last year.
  • In the first half of 2023, new contracts awarded to the Group amounted to a total of HK$2.04 billion.
  • Revenue from cleaning services increased by 72.8% to approximately HK$861.5 million, accounting for 77.8% of the Group's total revenue during the Period.

Baguio Green's 2022 Net Profit* Increased by 3.2 times, Contracts On Hand Recorded a Historical High with a Surge of 67% to HK$3.6 billion

Retrieved on: 
Thursday, March 30, 2023
HK, GREEN, New Territories, Recycling, Canadarm, Metal, Food, Waste management, The Group, HKSAR, Francisco Menéndez (black soldier), Food and Environmental Hygiene Department, Youth Development Commission, HKSAR Government, Wong Tai Sin, The Hong Kong University of Science and Technology, Producer, Environmental Protection Department, Government, Bioconversion, Municipal solid waste, National Biodiesel Board, Collection, Central & Western District R&SA, Manure, Biophysical environment, Vending machine, Growth, ESG, MSW, Social, Hand, EPD, FEHD, Legislation, Airline

In 2022, new contracts awarded to the Group amounted to a total of HK$3.08 billion.

Key Points: 
  • In 2022, new contracts awarded to the Group amounted to a total of HK$3.08 billion.
  • As a result, the Group recorded a historical high for its contracts on hand of approximately HK$3.59 billion (as of 31 December 2022), representing a surge of approximately 67.3%.
  • During the Year, the Group secured a number of service contracts worth approximately HK$1.99 billion in total for street cleansing services.
  • Mr. Ng Wing Hong, Chairman of Baguio, commented, "2022 marks a year with outstanding result performance with net profit* substantially increased by 3.2 times and contracts on hand recorded a historical high since Baguio established 43 years ago.

Baguio wins EPD contract to provide Smart Recycling Machines with a Big Data Analytics Platform

Retrieved on: 
Monday, February 20, 2023
Environmental Protection Department, Recycling, Research, Youth Development Commission, HKSAR Government, Platform, Internet, Carbon, Government, GREEN, Paper, School, HKSAR, ESG, Canadarm, EPD, The Platform, Plastic, SRM, Collection, Airline

This Contract marks a significant milestone for Baguio in its development of smart technology solutions for green initiatives.

Key Points: 
  • This Contract marks a significant milestone for Baguio in its development of smart technology solutions for green initiatives.
  • The Company draws upon its invaluable collection experience in designing the SRM to help bring recycling in Hong Kong to the next stage.
  • The SRMs are connected with the EPD's GREEN$ Electronic Participation Incentive Scheme to incentivize people with GREEN$ points for recycling.
  • The Platform will also analyze transaction data to help the Government strategically deploy recycling resources at the right time and place to maximize effectiveness.

Baguio wins EPD service contract worth HK$37 million to provide food waste collection services in New Territories West

Retrieved on: 
Monday, January 16, 2023
Kowloon, Recycling, EPD, MSW, Statistics, Government, HKSAR, Collection, Environmental Protection Department, Municipal solid waste, New Territories West (constituency)

Winning this EPD contract highlights Baguio's position as Hong Kong's market leader in food waste collection.

Key Points: 
  • Winning this EPD contract highlights Baguio's position as Hong Kong's market leader in food waste collection.
  • Among the four EPD's recyclable food waste collection service contracts, Baguio has secured half of them (including this contract and Kowloon District contract awarded last year).
  • Under this EPD contract, Baguio will collect approximately 12,000-20,000 tonnes of food waste in total during the contract period.
  • Ms. Ng Yuk Kwan Phyllis, CEO of Baguio, said, "We are pleased to be awarded the New Territories West food waste collection contract after winning a similar contract covering the Kowloon district last year.

American Wealth Mining Corp.'s Construction EV Entity Launches First Electric Right Hand Drive Cement Mixer, Receives First Order in Hong Kong

Retrieved on: 
Monday, October 3, 2022
Environmental Protection Department, Company, GLOBE, OTC, Foton Motor, Securities Exchange Act of 1934, SEC, Private Securities Litigation Reform Act, Energy Independence and Security Act of 2007, CEO, Happiness, Private sector, Construction, Adoption, Century, AWM, Growth, CA, Partnership, Civil Engineering and Development Department, Science and technology in Asia, Securities Act of 1933, Financial technology, EV, Rail transport, Renewable energy, New energy, Health

After a successful trial, Good Times clients have expressed interest to replace their diesel-powered truck fleet with electric heavy vehicles.

Key Points: 
  • After a successful trial, Good Times clients have expressed interest to replace their diesel-powered truck fleet with electric heavy vehicles.
  • About New Energy Asia Pacific Co. Ltd,
    New Energy Asia Pacific Co., Ltd. (New Energy), a Hong Kong corporation, provides various types of electric construction machinery to meet customers' needs.
  • New Energy is committed to create an eco-friendly construction environment and to pioneer the transition of sustainable construction practices.
  • We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Ev Dynamics's First Pure Electric Fully Accessible Public Minibus Will Soon Commence Service in Hong Kong

Retrieved on: 
Friday, September 16, 2022
GM, Assistant commissioner, Group, Transport Department, Environmental Protection Department, Gen, Social, Vantage, Sale, HKFTU, Republic, Holding, Geographical constituency, COO, Travel, Solution, General manager, ED, Hong Kong Productivity Council, SEC, GMB, Functional constituency, Hong Kong Federation of Trade Unions, Rail transport, Fireworks, Transport

The vehicle is the first pure electric fully accessible public minibus in Hong Kong, marking a new era of eco-friendly and socially inclusive public transportation led by Ev Dynamics.

Key Points: 
  • The vehicle is the first pure electric fully accessible public minibus in Hong Kong, marking a new era of eco-friendly and socially inclusive public transportation led by Ev Dynamics.
  • Hong Kong's first pure electric fully accessible public minibus developed and produced by Ev Dynamics.
  • Mr. Cheung Ngan, Chairman of Ev Dynamics, said, "We are extremely pleased that our seven-meter-long pure electric fully accessible minibus is entering the franchised minibus market in Hong Kong.
  • The Group also offers a seven-meter-long rooftop fast-charging pure electric fully accessible minibus, seven-meter-long pure electric wheelchair accessible minibus, 12-meter-long fully accessible e-bus, and fully electric 65-seat coach.

Baguio's Net Profit Increased by 45%, Contracts On Hand Recorded a Historical High with a Substantial Increase of around 60% to HK$3.4 billion

Retrieved on: 
Tuesday, August 30, 2022
Partnership, PET, EcoPark, Waste management, Technology, Recycling, Francisco Menéndez (black soldier), Environmental Protection Department, EPD, NIR, Municipal solid waste, Infrared, FEHD, Horticulture, Pest control, Collection, Central, Metal, Producer, Food, Plastic, Manure, Central & Western District R&SA, HKSAR, Food and Environmental Hygiene Department, Company, Biotechnology, MSW, ESG, Growth, Contract, Airline, Group

During the Period, revenue was approximately HK$710 million, representing an increase of approximately 22% as compared with the same period last year.

Key Points: 
  • During the Period, revenue was approximately HK$710 million, representing an increase of approximately 22% as compared with the same period last year.
  • Profit attributable to shareholders of the Company was approximately HK$17.8 million, representing an increase of approximately 45% as compared with the same period last year.
  • In the first half of 2022, new contracts awarded to the Group amounted to a total of HK$1.95 billion.
  • As a result, the Group recorded a historical high for its contracts on hand of approximately HK$3.4 billion (as of 30 June 2022), representing an increase of 60% from approximately HK$2.1 billion as of 31 December 2021.

Ev Dynamics Selected to Supply Electric Light Buses to a Government Sustainable Public Mobility Pilot Scheme

Retrieved on: 
Wednesday, May 11, 2022
Atmosphere, Transport Department, Maintenance, Environmental Protection Department, Government, Certification, Disability, Group, Efficiency, Sale, SAE J3105, Holding, LTO, Solution, CEO, Rail transport

The selected APEX-MINI model which showcases the Group's outstanding technological and product advantages will help promote energy-efficient public transport in the city as well as Ev Dynamics' products to various markets.

Key Points: 
  • The selected APEX-MINI model which showcases the Group's outstanding technological and product advantages will help promote energy-efficient public transport in the city as well as Ev Dynamics' products to various markets.
  • Ev Dynamics' APEX-MINI is powered by high-performance lithium-titanate batteries and takes only 15 minutes to charge to run 45 kilometers.
  • The 7-meter 19-seat pure electric minibus can run 45 kilometers after only 15- minute charging with the OppCharger pantograph installed by the Government at the public transport interchanges.
  • Miguel Valldecabres Polop, CEO of Ev Dynamics said, "We are excited to introduce our APEX-MINI to public-use platforms.