BAGUIO GREEN GROUP LIMITED

Baguio wins FEHD contracts worth HK$482 million driving total Contracts on Hand to a historical high level

Retrieved on: 
星期五, 九月 30, 2022

The new contracts drive Baguio's total Contracts on Hand to a historical high level of approximately HK$3.8 billion (as of 30 Sep 2022).

Key Points: 
  • The new contracts drive Baguio's total Contracts on Hand to a historical high level of approximately HK$3.8 billion (as of 30 Sep 2022).
  • Winning this new FEHD street cleansing contract highlights Baguio's position as a leading player in the Hong Kong cleaning market.
  • The Company now provides FEHD street cleansing services in a total of eight Hong Kong districts, which have a total population of approximately 2.8 million.
  • Ms. Ng Yuk Kwan Phyllis, CEO of Baguio, said, "Baguio is honoured to be awarded the new FEHD service contracts for street cleansing and pest control services.

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: 
星期二, 八月 30, 2022

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.