China Environment sees 50% jump in full-year net profit to $16.2m
WRITTEN BY THE EDGE    
WEDNESDAY, 16 FEBRUARY 2011 18:46
China Environment today announced that it has turned in profit after tax attributable to shareholders of RMB80.7 million ($16.2 million) for the twelve months ended 31 December 2010, a jump of 50% over the previous corresponding period.
The group also saw an increase in revenue of RMB546.6 million ($109.9 million), 9% more than the RMB499.6 million a year before.
Sales mainly came from the waste gas treatment segment, which saw the completion of 42 projects, with five ongoing projects as at 31 December 2010. In FY2009, the group completed 30 projects and had eight ongoing as at 31 December 2009.
The largest share of revenues for FY2010 came from customers in the power generation segment which contributed 93.6%.
hehehe......i think you got the wrong report.........their report not out yet leh!....today just out that one is china enviromental resource ....leh................china enviroment......not out yet.....two company...very close to each other.....
well, i be monitoring this counter a while, from 40c dropped to 30c ... floating at 29.5c-30c since this month .. PV is 0.16 as i know .. but its PE ratio is nil .. i dont know if i am correct .. any sifu can advise .. mayb bb accumluating again .. or somethin is brewing ,, or maybe is their CEO huang min is behind the scene .. i m holding this baby too ... bought at 34c