The growth in construction revenue was largely due to the construction of China Everbright’s sponge city project and water supply project, in addition to the expansion and upgrading of several waste water treatment plants which were under construction during the quarter under review.
SINGAPORE (Nov 12): China Everbright announced HKD164.3 million ($29 million) in earnings for the 3Q ended Sept, up 17% from the group’s 3Q17 earnings of HKD140.9 million a year ago due to higher revenue.
Revenue for the quarter grew 39% to HKD1 billion from HKD746.1 million a year ago, mainly attributable to higher construction and operation revenue contributions.
