HK Stock Market Move | DYNAGREEN ENV (01330) rises over 4%; net profit attributable to shareholders for the first three quarters up 16.9% year on year; the company's free cash flow is strong.

DYNAGREEN ENV (01330) rose over 4%, up 4.54% as of press time to HK$6.105, with turnover of HK$4.388 million. On the news front, on October 23, DYNAGREEN ENV announced its results for the first three quarters of 2026, with operating revenue of approximately RMB2.877 billion, up 11.43% year on year; net profit attributable to shareholders of the listed company of approximately RMB732 million, up 16.9% year on year; basic earnings per share of RMB0.52. The announcement said the net profit growth was mainly due to the company's active efforts to improve quality, reduce costs and increase efficiency, with gross margin rising alongside steady growth in operating revenue, as well as a reduction in financial expenses and an increase in VAT immediate refund income. A Huatai research report noted that DYNAGREEN ENV's solid waste operation business was steady in the third quarter of 2026, with strong free cash flow. The equity incentive plan sets clear growth targets for operating data including profit and cash flow, and the release of a dividend plan for the next three years (specifying dividends of no less than RMB0.32 per share for 2027-29) demonstrates development confidence, with current A/H share dividend yields at 4.2%/6.4%. For Dynagreen Environmental Protection Group's A/H shares, the "Buy" rating is reiterated for both.