Baguio Green Group Limited (‘‘Baguio’’ or the ‘‘Group’’, Stock Code: 01397.HK) is pleased to announce its unaudited interim results for the six months ended 30 June 2023 (the Period”). During the Period, revenue was approximately HK$1.11 billion, representing an increase of approximately 55.0% as compared with the same period last year, mainly due to the increase in the Group’s cleaning, waste management and recycling businesses during the Period. Profit for the Period was approximately HK$21.7 million, representing an increase of approximately 27.0% as compared with the same period last year. Adjusted net profit* was HK$21.3 million, representing an increase of approximately 352.0%, as compared with the same period last year. Gross profit margin was 7.8%.