The topline growth was mainly due to an increase in engineering revenue, which grew 39.6% to $511.5 million, as well as the doubling of membrane system sales to $255.1 million from $127 million in the previous year.
SINGAPORE (Feb 28): CITIC Envirotech Limited (CEL) has concluded FY18 with earnings of $113.2 million, rising 41.6% from its FY17 earnings of $79.9 million on higher revenue.
Over FY18, revenue surged 46.9% to $994.5 million in FY18 from the restated $677.2 million in the previous year.
