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Utd Enviro Q3 profit up; Memstar Q2 earnings down

Friday, February 14, 2014 - 06:00

WATER treatment company United Envirotech Ltd (UEL) has posted a one per cent drop in third quarter net profit to $8.4 million, even as revenue jumped 23 per cent to $64.3 million due to higher revenue from its recurring water treatment business, which skyrocketed 117 per cent to $20.2 million.

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