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China Everbright posts 37% increase in 2Q earnings to $33.5 million on higher revenue

Samantha Chiew
Samantha Chiew8/8/2018 03:13 PM GMT+08  • 2 min read
China Everbright posts 37% increase in 2Q earnings to $33.5 million on higher revenue
SINGAPORE (Aug 8): China Everbright Water posted 2Q18 earnings of HK$192.6 million ($33.5 million), 37% higher than HK$140.6 million in 2Q17.
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SINGAPORE (Aug 8): China Everbright Water posted 2Q18 earnings of HK$192.6 million ($33.5 million), 37% higher than HK$140.6 million in 2Q17.

This brings 1H18 earnings to HK$370.7 million, 45% higher than HK$255.0 million in 1H18.

Revenue for the quarter came 52% higher at HK$1.32 billion compared to HK$868.7 million in the previous year, mainly due to higher revenue contribution from the group’s Construction and Operation segments, as well as the recognition of HK$66.7 million in finance income.

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