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Sanli Environmental posts 40.7% lower FY18 earnings of $3.1 mil; announces 0.25 cent dividend

Michelle Zhu
Michelle Zhu5/23/2018 06:15 PM GMT+08  • 2 min read
Sanli Environmental posts 40.7% lower FY18 earnings of $3.1 mil; announces 0.25 cent dividend
SINGAPORE (May 23): Sanli Environmental has announced earnings of $3.1 million for the FY18 ended March, down by 40.7% from its earnings of $5.2 million a year ago due to lower overall gross profit margin as well as higher administrative expenses and cost
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SINGAPORE (May 23): Sanli Environmental has announced earnings of $3.1 million for the FY18 ended March, down by 40.7% from its earnings of $5.2 million a year ago due to lower overall gross profit margin as well as higher administrative expenses and cost of contract works.

A final dividend of 0.25 cent has been declared for the full year.

Revenue for FY18 grew 17.6% to $75.6 million on the back of higher contributions from the gorup’s Engineering, Procurement and Construction (EPC) segment, partially offset by lower revenue from the Operations and Maintenance segment.

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