Beijing water operator reports revenue gains in 2019 – China
Beijing Capital Co Ltd, the world’s fifth-largest and the country’s second-largest water operator, reported revenue of more than 14.9 billion yuan in 2019, 20 percent up compared with the same period in the previous year. Total profit reached 1.598 billion yuan ($227.17 million), up 25 percent year-on-year.
Environmental business revenue reached 14.6 billion yuan, 98 percent of total revenue. Business relating to water affairs witnessed a year-on-year increase of 29 percent, and solid waste business was up 15 percent.