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SIIC Environment reports 8.9% rise in 4Q earnings to $38.7 mil on higher revenue from newly acquired entities

Samantha Chiew
Samantha Chiew2/28/2018 03:05 PM GMT+08  • 2 min read
SIIC Environment reports 8.9% rise in 4Q earnings to $38.7 mil on higher revenue from newly acquired entities
SINGAPORE (Feb 28): SIIC Environment reported an 8.9% rise in 4Q17 earnings to RMB 185.4 million ($38.7 million) from a year ago.
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SINGAPORE (Feb 28): SIIC Environment reported an 8.9% rise in 4Q17 earnings to RMB 185.4 million ($38.7 million) from a year ago.

This brings FY17 earnings to RMB 535.7 million, 17.7% higher than earnings of RMB 454.9 million in FY16.

Revenue for 4Q17 increased by 13.4% to RMB 1.29 billion from RMB 1.13 billion, due to an increase in across all the group's business segments, except its other revenue which contributed the least to the overall revenue.

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