The company's comprehensive income statement, image source: prospectus

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Rina7RS
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The company's comprehensive income statement, image source: prospectus

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In 2021, 2022, 2023, and January-June 2024 referred to as the "reporting period", the ship desulfurization system mainly including the ship exhaust gas purification system contributed most of the company's revenue , accounting for approximately 78.7%, 64.7%, 66.8% and 60.7% of the total revenue.

During the reporting period, Huige Environmental Protection achieved revenue of approximately RMB 141 million, RMB 267 million, RMB 510 million and RMB 336 million, respectively, with comprehensive gross profit poland telegram data margins of 33.8%, 37.5%, 47.4% and 42.4% , respectively. The corresponding net profits were approximately RMB 12.769 million, RMB 36.777 million, RMB 121 million and RMB 82.082 million, respectively.

According to Frost & Sullivan, based on the total number of completed orders for ship exhaust gas purification systems and the cumulative number of orders on hand, in 2023, Huige Environmental Protection ranked third among China's ship exhaust gas purification system providers and fourth among all ship exhaust gas purification system providers in the world.
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