China Environment Ltd. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net profit was RMB 7,146,000 or 1.1 cents per fully diluted share on revenue was RMB 60,915,000 against net profit was RMB 15,716,000 or 2.5 cents per fully diluted share on revenue was RMB 79,421,000 a year ago. Profit before tax was RMB 8,930,000 compared to RMB 5,850,000 a year ago. Net cash generated from operating activities was RMB 31,143,000 compared to RMB 15,938,000 a year ago. Increase in construction work-in-progress was RMB 1,974,000 compared to RMB 3,552,000 a year ago. The decrease in net profit was partially offset by increase in gross profit of RMB 1.0 million, decrease in total operating expenses by 17.8% or RMB1.9 million and lower income tax provision.

China Environment Ltd, Annual General Meeting, Apr 25, 2013., at 09:30 Singapore Standard Time. Location: SHERATON TOWERS SINGAPORE. Agenda: To receive and adopt the Directors report and the audited financial statements of the company for the financial year ended December 31, 2012 together with the Independent auditor's report thereon; to re-elect the Directors; to approve the payment of Directors' Fees of SGD 205,000 for the financial year ended December 31, 2012; to approve the payment of Directors' Fees of SGD 205,000 for the financial year from January 1, 2013 to December 31, 2013 to be paid quarterly in arrears; to re-appoint Messrs Baker Tilly TFW LLP as the Independent Auditor of the company and to authorize the Directors of the company to fix their remuneration; to transact any other ordinary business which may properly be transacted at an Annual General Meeting; to the authorize the director to issue shares; to authorize the director to issue shares under China Environment Share Option Scheme; and to authorize the director for the renewal of share buy-back mandate.

China Environment Ltd. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported net profit was RMB 5,782,000 or 0.9 cents per diluted share on revenue was RMB 99,743,000 against net profit was RMB 5,529,000 or 0.9 cents per diluted share on revenue was RMB 117,131,000 a year ago. Profit before tax was RMB 8,806,000 compared to RMB 8,162,000 a year ago. For the full year, the company reported net profit was RMB 40,694,000 or 6.4 cents per diluted share on revenue was RMB 409,148,000 against net profit was RMB 66,357,000 or 10.4 cents per diluted share on revenue was RMB 574,098,000 a year ago. Profit before tax was RMB 42,264,000 compared to RMB 92,045,000 a year ago. Net cash generated from operating activities was RMB 284,296,000 compared to net cash used in operating activities was RMB 14,607,000 a year ago. Purchase of property, plant and equipment was RMB 19,000 compared to RMB 309,000 a year ago. The decrease in net profit was mainly due to decrease in gross profit of 36.7% or RMB 53,000,000 and decrease in other income by 43.7% or RMB 1,500,000. The company announced that not to declare any dividend for the current financial period ended December 31, 2012 compared to previously declared dividend of RMB 0.01 per share for the same period.