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Citic Envirotech's Q1 profit dives 92.2%
Published Mon, Apr 29, 2019 · 09:50 PM
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Singapore
CITIC Envirotech's (CEL) net profit plunged 92.2 per cent to S$3.08 million for the first quarter ended March 31, as two major projects in China experienced delays due to adverse wintry conditions.
The water and wastewater treatment and recycling solutions provider said on Monday that the delays were the main reason engineering revenue fell 94.…
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