公司簡介
碧瑤綠色（「碧瑤」）成立於1980年，為香港最大的綜合環境服務集團之一，提供環衞保潔、資源回收、循環再造、綠色科技、有機肥料生產、園藝綠化工程、蟲害防治、廢物管理等服務。公司的主營業務主要分為四大分部，包括：（1）清潔服務；（2）廢物處理及回收業務；（3）園藝服務；以及（4）蟲害管理業務，客戶涵蓋各行各業及不同類型機構，如政府部門、公營機構及跨國企業集團等。
2025H1純利大幅增長，盈利能力顯著增強
受益於清潔和園藝業務收益增長，2025H1公司收益為13.54億港元，同比增長4.8%。清潔業務是公司的核心業務，收益為10.8億港元，同比增長4%，占總收益79.6%；廢物管理及回收業務收益為1.5億港元，同比減少1.4%，占總收益10.7%；園藝業務收益為1億港元，同比增長40.9%，占總收益7.4%；蟲害管理業務收益為0.32億港元，同比減少16.7%，占總收益2.3%。受益于有效的成本控制和財務費用下降，毛利率為9.8%，同比增長2.3 ppts。清潔業務毛利為8.5億港元，同比增長27.4%，毛利率為7.9%，同比增長1.5 ppts，主要由於公司與政府各部門及不同機構的新清潔服務合約所致。廢物管理及回收業務毛利為0.28億港元，同比增長46.6%，毛利率為19.2%，同比大幅增長6.3 ppts，主要受惠於政府積極推動回收，大幅擴展包括廚餘的回收點網絡，便利市民參與並有效刺激收集量及綠色科技業務所帶動。園藝業務毛利率為19%，同比增長5.7 ppts。蟲害管理業務毛利率為3.6%，同比減少1.5ppts。純利同比大幅增長128.1%至0.59億港元。2025年上半年的每股收益已達14.2港仙，超越2024年全年的13港仙，同比增幅高達142.7%，2021年-2024年，公司每股盈利CAGR達61%。應收賬款平均周轉天數為69天，相較2024年底減少4天，應付帳款平均周轉天數為46天，相較2024年底減少8天，證明公司的營運資金周轉效率提高，回款速度加快。經營活動所得現金淨額為2億港元，同比增長36.8%，可動用現金及銀行結餘約為2.91億港元，相較2024年底增長127.1%，進一步證明公司盈利品質較高，財務健康狀況良好。
首度獲得大規模海上清潔合約，標誌業務戰略突破
公司清潔業務遍佈香港各個區域，全方位覆蓋醫院、警署、街道、康樂場地、機場、展覽中心、賽馬會公眾席以及大學等場所。公司獲得 “香港東部水域海上清潔合約”，該合約由香港政府海事處授予，為期3年（2025年10月1日生效），總值1.5億港元。服務範圍覆蓋香港東部水域核心區域，包括維多利亞港、中環、銅鑼灣、尖沙咀等國際知名地標及西貢、吐露港等生態敏感區域，涵蓋海上垃圾清理及船隻生活垃圾收集，是對香港海洋生態保護與城市形象維護的關鍵支撐。該合約標誌著碧瑤綠業務版圖從陸地向海洋的關鍵突破，成為其綜合環境服務能力的重要里程碑，有助於進一步鞏固清潔服務核心業務的市場地位。同時，作為香港政府“盛事經濟”配套環境服務的重要組成，合約強化了集團與政府的長期合作關係，為後續承接高附加值環保專案奠定基礎。
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本科主修市場行銷和英語，並於香港浸會大學獲得經濟學碩士學位。現為輝立証券持牌分析師，主要負責能源和公用事業等板塊的研究。曾在大型銀行、券商和資產管理公司工作，對於期貨和大宗商品衍生品領域擁有銷售、研究分析和市場推廣等工作經驗。 Margaret, a holder of a Bachelor`s degree in Marketing and English and a Master`s degree in Applied Economics from Hong Kong Baptist University, is currently employed as a licensed analyst at Phillip Securities. She specializes in conducting research focusing on the energy and utilities sectors. Prior to her current position, Margaret gained valuable work experience in a large bank, securities firm, and asset management companies. Her expertise lies in sales, research analysis, and marketing within the fields of futures and commodities derivatives.
