SIIC Environment

Results

SIIC Environment announces 47.3% higher 1Q earnings of $30.3 mil on higher revenue

SINGAPORE (May 2): SIIC Environment has announced 1Q19 earnings of RMB 150.1 million ($30.3 million), rising 47.3% on-year from RMB101.9 million due to higher revenue and lower administrative expenses.

SIIC Environment to co-develop $116 mil wastewater treatment project in China's Beihai City

SINGAPORE (Sept 11): SIIC Environment Holdings has been engaged to work on a new wastewater treatment project with an investment value of RMB 578.2 million ($115.7 million) in Beihai, Guangxi, China.

Results

SIIC Environment reports 8.9% rise in 4Q earnings to $38.7 mil on higher revenue from newly acquired entities

SINGAPORE (Feb 28): SIIC Environment reported an 8.9% rise in 4Q17 earnings to RMB 185.4 million ($38.7 million) from a year ago.

Broker's Calls

SIIC Environment's dual listing on SEHK will not improve valuation, says DBS

SINGAPORE (Dec 27): DBS is maintaining its “hold” call on SIIC Environment with a target price of 53 cents.

SIIC Environment seeks dual primary listing in Hongkong

SINGAPORE (Dec 22): SIIC Environment is seeking a dual primary listing on the mainboard of the Stock Exchange of Hong Kong (SEHK).

SIIC Environment subsidiary acquires 100% stake in Jiaohe Jiaxin Water Co. for $19.4 mil

SINGAPORE (Aug 28): A subsidiary of SIIC Environment has acquired the entire issued and paid-up share capital of China-incorporated Jiaohe Jiaxin Water Co. for RMB95 million ($19.4 million).

Results

SIIC Environment 1H17 earnings up 26% to $49 mil

SINGAPORE (Aug 11): SIIC Environment, the water treatment and environmental protection company, reported 1H17 earnings increased 25.9% to RMB240 million ($49 million) from a year ago due mainly to contribution from newly acquired and existing entities, ar

In print this week

Are these Chinese water stocks poised to return with a splash?

SINGAPORE (April 28): China-based companies in the water and wastewater treatment sector appear to be awash in contracts.

Broker's Calls

This water stock is on track for placement, dual-listing

SINGAPORE (Feb 17): RHB is maintaining its “buy” call for SIIC Environment as it expects the group to register a strong FY17, backed by high volumes of construction activities and full-year contribution from newly acquired Longjiang Group.

Stocks To Watch

UOB, CapitaLand, OUE, iFAST, SGX, SIIC Environment, Chip Eng Seng, Singapore O&G

SINGAPORE (Feb 17): Here are some stocks that could move the market this Friday morning.
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