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Canvest Env (01381) year net up 41% to HK$564m; div HK2 cts

  Canvest Environmental Protection Group (01381) said
its profit attributable to equity holders for the year ended 31 December 2017 rose 41.1% 
year-on-year to HK$564 million.
  Basic and diluted earnings per share were HK24 cents.
  Revenue amounted to HK$2,397.5 million, an increase of 45% from a year earlier.
  Gross profit margin of the Group decreased from 35.6% in 2016 to 34.1% in 2017. The
decrease was mainly due to the increase in the contribution from construction revenue, 
whereby its gross profit margin is generally lower, and lower gross profit margin of the 
certain operating plants as a result of the increase in overhaul time of certain WTE 
plants.
  The proposed final dividend is HK2 cents (2016: HK1.6 cents) per share, payable on 6 
July.

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