Water treatment company Memiontec Holdings has reported that revenue for 1HFY2021 increased by 86.1% y-o-y to $26.9 million. Earnings for the same period increased by 2,305% from $0.02 million to $0.48 million.

Its order book, as at June 30 2021, was $81.6 million with almost half of the contracts from Indonesia, where the company is well established.

Going forward, the company is looking for more public sector tenders up for grabs across the region, which are sought after because of the low credit risk.

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