Beijing Enterprises Water Reports 33% Jump in Earnings

Beijing Enterprises Water Group Ltd. (371) reported a 33 percent increase in first-half profit as earnings from water-treatment and construction services grew.

Net income rose to HK$514.3 million ($66 million) from HK$386.6 million a year earlier, the company said today in a filing to the Hong Kong stock exchange. Sales almost doubled to HK$2.76 billion.

Beijing Enterprises “maintained a steady growth in the first half,” the company said. Water-treatment and construction services together generated 96 percent of profit, up from 79 percent a year earlier.

To contact Bloomberg News staff for this story: Feifei Shen in Beijing at

To contact the editor responsible for this story: Reed Landberg at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.