(Aug 7): Waste-to-energy (WTE) plant ope rator China Jinjiang Environment Holding Co has delivered a solid set of financials since its IPO in August last year. For FY2016 ended December, its revenue rose 35.9% y-o-y to RMB2.6 billion. Earnings increased 34.7% to RMB598 million. The company paid out a dividend of 5.05 cents a share, or about half of its earnings, to shareholders. Based on China Jinjiang’s closing price of 82.5 cents on Aug 1, the stock now has an attractive dividend yield of 6.1%.

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