It brings the company’s order book to $121.3m.
Sanli Environment Limited (Sanli) secured four new Engineering, Procurement and Construction (EPC) contracts worth a total of $18.1m.
The contracts are projects from public sector and involve the replacement and enhancement of high tension electrical equipment, replacement of aged equipment at high lift station and electrical network upgrading, replacement of switchgears, switchboards, transformers cables and ancillaries, and the supply and installation of water handling equipment.
The new contracts bring the company’s order book to $121.3m. It will contribute to Sanli’s revenue for the next three years from FY 2018.
Sanli’s profit before tax for the first half of their fiscal year 2018 plummeted by 59.2% year-on-year to $1.09m. Its FY 2018 will end in March 31.
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