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C&G ENV PROTECT HLDGS LTD:ACHIEVES 240.8% RISE IN NET PROFIT IN 1Q 2014 TO HK$13.0 MILLION

2014-05-15 17:12:50  
C&G ACHIEVES 240.8% RISE IN NET PROFIT IN 1Q 2014 TO HK$13.0 MILLION
- Revenue up 16.1% to HK$136.3 million on the back of stronger waste
handling and power generation services;
- EBITDA increases 37.1% year-on-year to a record of HK$94.3 million;
- Proposed sale of WTE business and assets of the principal subsidiaries
in the PRC on track;
- To focus on expansion of the Group’s WTE operation in Southeast Asia
and other diversified environmental protection businesses.

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