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SIIC Environment posts 28.2% increase in 2Q earnings to $30.7 mil

Samantha Chiew
Samantha Chiew • 3 min read
SIIC Environment posts 28.2% increase in 2Q earnings to $30.7 mil
SINGAPORE (Aug 14): SIIC Environment recorded 2Q18 earnings of RMB 153.7 million ($30.7 million), a 28.2% increase compared to RMB 119.9 million in 2Q17.
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SINGAPORE (Aug 14): SIIC Environment recorded 2Q18 earnings of RMB 153.7 million ($30.7 million), a 28.2% increase compared to RMB 119.9 million in 2Q17.

This brings 1H18 earnings to RMB 255.6 million, 6.5% higher than RMB 240.0 million in 1H17.

Revenue for the quarter was RMB 1.67 billion, 68.1% higher than RMB 995.4 million a year ago, mainly due to higher revenue contributions from all of the group’s business segments.

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