CECEP’s Total Assets Grow over 4% by the End of June

By the end of June, China Energy Conservation and Environmental Protection Group (CECEP) had fulfilled its goals in net profits and economic value added, two major gauges for business performance, ahead of schedule. Its operating profit margin was 4.32 percentage points higher than it expected. Both its total assets and parent company owners’ equity increased more than 4 percent. Its total profits, excluding non-recurring earnings effects, grew 5.86 percent year on year.