PDF《corresponding period of last year.》

1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in Hong Kong with limited liability) (Stock Code: 154) ANNOUNCEMENT OF SUMMARISED INTERIM RESULTS FOR THE SIX MONTHS ENDED

30 JUNE

2017 HIGHLIGHTS ? The Group'

s revenue from continuing operations for the six months ended

30 June

2017 amounted to HK$425.01 million, increased by 1.64 times as compared with HK$160.92 million in the corresponding period of last year. ? EBITDA for the period from continuing operations amounted to HK$198.19 million, increased by 3.06 times as compared with HK$48.80 million in the corresponding period of last year. ? Profit for the period from continuing operations attributable to members of the Company was HK$70.68 million, increased by 2.27 times as compared with HK$21.62 million in the corresponding period of last year. Profit for the period attributable to members of the Company was HK$70.68 million, decreased by 23% as compared with HK$91.80 million (included profit from a discontinued operation of HK$70.18 million) in the corresponding period of last year. ? Basic earnings per share was HK4.71 cents. ? Net assets as at

30 June

2017 amounted to HK$2.53 billion. ? The Board does not recommend the payment of an interim dividend for the period.

2 The board (the Board ) of directors (the Directors ) of Beijing Enterprises Environment Group Limited (the Company ) is pleased to announce the unaudited consolidated results of the Company and its subsidiaries (collectively, the Group ) for the six months ended

30 June 2017, together with comparative figures for the corresponding period in last year, as follows: CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS For the six months ended

30 June

2017 For the six months ended

30 June

2017 2016 (Unaudited) (Unaudited) Notes HK$'

000 HK$'

000 CONTINUING OPERATIONS REVENUE

4 425,006 160,923 Cost of sales (284,220) (119,706) Gross profit 140,786 41,217 Other income and gains, net

4 34,318 21,913 Selling and distribution expenses (803) (1,592) Administrative expenses (42,906) (30,972) Other operating expenses, net (1,056) (31) PROFIT FROM OPERATING ACTIVITIES OF CONTINUING OPERATIONS

5 130,339 30,535 Finance costs

6 (30,909) (1,734) Share of profit/(loss) of a joint venture

290 (35) PROFIT BEFORE TAX FROM CONTINUING OPERATIONS 99,720 28,766 Income tax

7 (23,748) (8,408) PROFIT FOR THE PERIOD FROM CONTINUING OPERATIONS 75,972 20,358 DISCONTINUED OPERATION Profit for the period from a discontinued operation 8(a) C 65,740 PROFIT FOR THE PERIOD 75,972 86,098

3 For the six months ended

30 June

2017 2016 (Unaudited) (Unaudited) Note HK$'

000 HK$'

000 ATTRIBUTABLE TO: Members of the Company Continuing operations 70,680 21,617 Discontinued operation C 70,179 70,680 91,796 Non-controlling interests 5,292 (5,698) 75,972 86,098 EARNINGS PER SHARE ATTRIBUTABLE TO MEMBERS OF THE COMPANY

10 C Basic (HK cents) For profit for the period 4.71 6.12 For profit for the period from continuing operations 4.71 1.44 C Diluted (HK cents) For profit for the period 2.10 4.24 For profit for the period from continuing operations 2.10 1.06

4 CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the six months ended