Binhai Investment Company Limited projects a **profit increase of over 10%** for 2021 compared to 2020, based on preliminary unaudited consolidated accounts. The growth excludes a one-off reversal of bad debt from **Tianjin Steel Pipe Manufacturing Co., Ltd.** recovered in 2020. The company’s financial review highlights improved equity holder returns amid operational adjustments.
Binhai Investment approves a **10-year share option scheme** and **long-term talent incentive mechanism** at its general meeting. The move aims to align employee interests with company growth through equity-based rewards. The decision was formalized on **January 13, 2021**, marking a structured approach to retaining and motivating key personnel.
Binhai Investment reports **HK$834 million in total revenue**, marking a **3% year-on-year increase**. The company’s net profit surges **124% year-on-year to HK$51 million**, driven by improved profitability amid stable revenue growth.
Binhai Investment reports a **338% surge in profit attributable to owners** for 2020, despite pandemic challenges. The company achieves **HK$654 million in revenue**, marking a **3% year-on-year increase** compared to 2019. Financial performance highlights resilience amid economic disruptions.