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CITIC Envirotech full year earnings double to $99.3 mil on higher revenue

Jude Chan
Jude Chan3/1/2017 05:59 PM GMT+08  • 2 min read
CITIC Envirotech full year earnings double to $99.3 mil on higher revenue
SINGAPORE (March 1): CITIC Envirotech posted full-year earnings of $99.3 million, more than double of earnings of $48.3 million recorded a year ago.
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SINGAPORE (March 1): CITIC Envirotech posted full-year earnings of $99.3 million, more than double of earnings of $48.3 million recorded a year ago.

This came on the back of a 62.1% surge in revenue to $544.6 million for the full year ended Dec from $336 million a year ago.

The growth was led by a 155.9% surge in full year revenue from its engineering segment to $318.8 million, from $124.6 million a year ago.

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