SIIC Environment profit climbs 7.1% YoY in H1

This was on the back of revenue growing 4.4% YoY.

SIIC Environment’s net profit attributable to shareholders increased by 7.1% year on year to $61m (RMB344m) during the first half of the year.

This was on the back of revenue growing 4.4% YoY to $556m (RMB3.177b), with financial expenses decreasing by 12.5%.

The services concession arrangements segment grew by 4.9% to $473m (RMB2.65b) whilst construction revenue was at $48m (RMB272m).

Earnings per share stood at $0.02 (RMB0.1337).

($1=RMB5.59)

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