China Everbright Q3 earnings rise 27% on higher revenue

Singapore

CHINA Everbright Water's third-quarter net profit rose 27 per cent to HK$182.6 million (S$31.8 million) from HK$144.3 million a year earlier following a jump in revenue led by construction.

For the three months ended Sept 30, earnings per share was 6.5 HK cents versus 5.4 cents previously.

Revenue rose 33 per cent to HK$1.37 billion, mainly due to a HK$193.1 million increase in construction revenue and HK$85.9 million rise in operation revenu…