Floating Button
Home Capital Results

Citic Envirotech 3Q earnings drop 55.4% to $21 mil on higher expenses

Samantha Chiew
Samantha Chiew • 2 min read
Citic Envirotech 3Q earnings drop 55.4% to $21 mil on higher expenses
SINGAPORE (Oct 24): Citic Envirotech, the membrane-based integrated environmental solutions provider, reported 3Q18 earnings fell 55.4% to $21.9 million from $49.2 million in 3Q17.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Oct 24): Citic Envirotech, the membrane-based integrated environmental solutions provider, reported 3Q18 earnings fell 55.4% to $21.9 million from $49.2 million in 3Q17.

This brings 9M18 earnings to $104.6 million, 20.3% higher than $87.0 million in 9M17.

Total revenue for the quarter came in at $238.2 million, 4.1% higher than $228.7 million a year ago, mainly attributable to an 84.8% y-o-y increase in finance income from service concession.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.