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China Everbright Water sees 1HFY2022 earnings fall by 5% y-o-y to $91.0 mil

Felicia Tan
Felicia Tan • 2 min read
China Everbright Water sees 1HFY2022 earnings fall by 5% y-o-y to $91.0 mil
The board has declared an interim dividend of HK5.45 cents (or 0.98 cents) per share for the 1HFY2022.
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SGX-listed China Everbright Water has reported earnings of HK$520.1 million ($91.0) million for the 1HFY2022 ended June, down by 5% y-o-y.

Revenue, however, rose by 12% y-o-y to HK$3.48 billion, and was offset by the higher direct costs and operating expenses, which increased by 21% y-o-y to HK$2.26 billion for the period.

The higher revenue was due to an increase in construction service revenue, higher operation income, as well as higher finance income.

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