China Everbright Q3 earnings jump 27% on higher revenue

CHINA Everbright Water's third-quarter net profit rose 27 per cent to HK$182.6 million from HK$144.3 million a year ago following a jump in revenue led by construction.Revenue rose 33 per cent to HK$1.37 billion from HK$1.04 billion due to, among other factors, a HK$193.

1 million increase in construction revenue and HK$85.9 million rise in operation revenue.For Q3 2019, China Everbright said it recorded an additional designed daily waste water treatment capacity of 75,000 cubic metres and total new investments of about 477 million yuan , which demonstrates its good momentum in business development.

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