SUBSCRIBERS

China Everbright FY21 net profit up 17% at HK$1.2b

Published Tue, Mar 1, 2022 · 05:50 AM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

CHINA Everbright Water posted on Monday (Feb 28) a net profit of HKS$1.2 billion (S$209 million) for the full year ended Dec 31, 2021, up 17 per cent from HK$1 billion in the corresponding year-ago period.

The group's revenue increased by 22 per cent to HK$6.9 billion in FY2021 from HK$5.7 billion in FY2020 on the back of higher revenue from its construction services.

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Copyright SPH Media. All rights reserved.