Result Update
For the six months ended 30 September 2019, the company recorded a revenue of HKD 4,355 million, representing a steady increase of 5.14% YoY. Gross profit was HKD 1,862 million, representing an increase of 2.31% YoY. Gross profit margin was 42.76%, representing a decrease of 1.19 ppts. Profit attributable to owners of the company was HKD 881million, representing a significant increase of 36.4% YoY. The interim dividend of the company was HK 14 cents per share, representing a steady increase of 16.7% YoY. It was mainly attributable to the successful strategy of the company through procurement of more construction and connection work, increase in operating efficiency and tariff of the water supply and sewage treatment plants and various mergers and acquisition.
Bachelor Degree in Shandong University of Science, and Master Degrees in Chinese University of Hong Kong Faculty of Science and City University of Hong Kong College of Business. Currently cover Pharmaceuticals and Environmental Protection sectors, good at combining analysis with industry prospects and company fundamentals.
