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SIIC Environment reports slight increase in earnings for FY2024 of RMB605.1 mil

Nicole Lim
Nicole Lim • 1 min read
SIIC Environment reports slight increase in earnings for FY2024 of RMB605.1 mil
The group saw a decrease in construction revenue for the period, but managed to avert exchange rate risks.
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China-based SIIC Environment has reported earnings of RMB605.1 million ($111.71 million) for FY2024 ended Dec 31, 2024, up 0.2% y-o-y. 

The group’s revenue grew 0.3% y-o-y in FY2024 to RMB7.6 million. 

During FY2024, the group’s construction revenue, including financial income from service concession arrangements during the construction period, decreased by 7.7% y-o-y to RMB1.805 million. The decrease was mainly from a decline in construction scale. 

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