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China Everbright Water (CEW)
China Everbright Water secures $13.4 mil waste water treatment project expansion in Shandong
SINGAPORE (Sept 10): China Everbright Water, the environmental protection company that focuses on water environment management, announced that it has secured the Binzhou Development Zone Waste Water Treatment Project Expansion, which commands an investmen
September 10, 2018
Results
China Everbright posts 37% increase in 2Q earnings to $33.5 million on higher revenue
SINGAPORE (Aug 8): China Everbright Water posted 2Q18 earnings of HK$192.6 million ($33.5 million), 37% higher than HK$140.6 million in 2Q17.
August 08, 2018
M&A
China Everbright Water acquires Jiangsu environmental institute for $17 mil
SINGAPORE (June 13): China Everbright Water has acquired a 100% stake in Xuzhou Municipal Design Institute for RMB82 million ($17.1 million) in cash.
June 13, 2018
China Everbright Water signs agreement for two projects totalling $33 mil
SINGAPORE (May 28): China Everbright Water has signed agreements to implement Dezhou Nanyunhe water treatment project phase II and secure Nanyunhe wastewater treatment plant effluent defluoridation project.
May 28, 2018
China Everbright Water wins Phase 2 of Dalian wastewater treatment project
SINGAPORE (May 7): China Everbright Water says it recently won the bid to construct Dalian Pulandian Waste Water Treatment Project Phase II in Liaoning province.
May 07, 2018
China Everbright Water wins $317 mil of contracts under Shangdong water supply project
SINGAPORE (Apr 4): China Everbright Water says it has secured three sub-projects worth a total of RMB1.522 billion ($317 million) under the Ji'nan Zhangqiu Urban-Rural Integration Water Supply Project in the Shandong Province of China.
April 04, 2018
Broker's Calls
Outlook remains bright as ever for this utilities play
SINGAPORE (Mar 2): Phillip Capital is maintaining “buy” on China Everbright Water after the group’s FY17 revenue exceeded its forecasts by 12%, while PATMI came in line with estimates.
March 02, 2018
Results
China Everbright posts 47% rise in FY17 earnings to $86.5 mil on higher revenue and finance income
SINGAPORE (Feb 28): China Everbright Water reported a 47% increase in full-year earnings to HK$ 513.4 million ($86.5 million) in FY17 from HK$ 349.3 million in FY16.
February 28, 2018
M&A
China Everbright Water wins Shandong water plant upgrading project
SINGAPORE (Jan 18): China Everbright Water has won a contract to upgrade the Shandong Dezhou Ling County wastewater treatment plant 2.
January 18, 2018
Broker's Calls
This water recycler has the vote of confidence from supporters and rivals alike
SINGAPORE (Jan 9): UOB Kay Hian expects CITIC Envirotech's recent share placement to help secure the multiple mega projects management is bidding for.
January 09, 2018