ENVISION GREEN Holdings Limited (ASX: 01783) has released its annual results for the fiscal year ended March 31, 2026.

The company reported revenue of approximately HK$2.462 billion, representing a year-on-year increase of about 183.1%.

Gross profit was approximately HK$197 million, an increase of about 91.6% compared to the previous fiscal year.

Profit attributable to owners of the company was about HK$60.94 million, marking a turnaround from a loss to a profit year-on-year.

Adjusted EBITDA reached roughly HK$97.964 million, a growth of 118.85%.

Earnings per share were 2.17 Hong Kong cents, and the board has proposed a final dividend of 1 Hong Kong cent per share.

The significant increase in total revenue was primarily driven by a rise of approximately HK$1.722 billion in income from reverse supply chain management and environmental protection-related services.

The substantial growth in this business segment is attributed to robust demand for metal products in China.

This demand is being propelled by favorable national import policies, coupled with corporate environmental, social, and governance (ESG) requirements and carbon reduction targets, which have encouraged major downstream customers to actively expand their procurement activities.

China's 15th Five-Year Plan positions metal recycling as a core strategic industry, aiming to build a comprehensive resource recycling system.

The plan emphasizes deepening the implementation of the Extended Producer Responsibility (EPR) system and product lifecycle management.

It also includes key initiatives for the recycling of bulk renewable resources (such as copper and aluminum), rare and precious metals, and "new three" items represented by power batteries.

This policy direction has led to strong sales growth for core industrial materials like copper and black powder.

Concurrently, favorable trends in global commodity prices, aligned with international commodity indices, have further supported the revenue growth.