The overall revenue growth was further boosted by the continued growth momentum of recurring treatment revenue, which increased 23% to $46.4 million from $37.7 million a year ago.
SINGAPORE (Apr 26): Citic Envirotech (CEL) reported earnings of $39.3 million for the 1Q ended March 2018, more than doubling from its restated earnings of $16.4 million a year ago on higher revenue.
Revenue for the quarter more than doubled to $247.1 million from $99.6 million previously due to improved contributions across all of its business segments, particularly engineering and membrane system sales.
