Beijing Enterprises Water Group Limited.
BEWG Announces its 2017 Interim Results The Group’s Designed Water Capacity Increased to 29.7 Million Tons/Day
For the first half year ended 30 June 2017: Profit before tax amounted to HK$2.7 billion, representing an increase of 20% as compared with the first half year of 2016 Net profit attributable to shareholders of the Company amounted to HK$1.9 billion and basic earnings per share was HK21.88 cents (Hong Kong, 30 August 2017) Beijing Enterprises Water Group Limited and its subsidiaries (Stock Code: 0371, hereinafter referred to as "BEWG", the "Company" or the "Group") officially announces its interim results for 2017 today.
During the period, the Group completed the entrusted operation of sewage treatment projects with aggregate daily design capacity of 185,000 tons.
For instance, BEWG has secured major projects in Beijing, Fujian and Inner Mongolia, among others, a joint venture setting up by BEWG which had signed a contract in July of this year regarding comprehensive improvement of urban water ecology PPP projects in Baotou.
In respect of the new businesses, the Group has expanded its coverage on the market of the industrial and rural water services.
BEWG determined its strategic direction as an ecological enterprise and strived to set up its own ecological system during the first half of the year.
As such, the water environment comprehensive renovation will be presented itself onto the stage of development opportunities in the second half of the year and years to come.
About Beijing Enterprises Water Group Limited (0371HK) The Company was incorporated in Bermuda as an exempted company with limited liability and its shares are listed on The Stock Exchange of Hong Kong Limited.
This press release is issued by Wonderful Sky Financial Group Limited on behalf of Beijing Enterprises Water Group Limited.