Utilities

SIIC Environment hinges growth on recent acquisitions

Longjiang Group profits could rise 20% annually through 2018.

SIIC Environment hinges growth on recent acquisitions

Longjiang Group profits could rise 20% annually through 2018.

SIIC Environment's net profit up 0.8% to $22.6m

Thanks to higher water treatment and supply sales volume.

Sembcorp Industries could earn $29m annually from TPCIL

The Indian coal-based power plant delivered $6.5m profits in 3Q.

Sembcorp Industries' Indian utility poses threat to earnings

It needs to secure long-term power purchase agreements.

Alibaba gets SingPost investment approval

The $187.1m investment ups Alibaba’s stake in SingPost to 14.4%.

China Environment slapped with letter of demand for $11.5m repayment

Bank of China charges them for overdue interest, for one.

SIIC Environment's recent acquisition will boost profit by 9%

Net gearing will also rise to over 50%, analyst said.

Sembcorp Industries' new utility projects to buoy earnings despite weak marine business

Additional 3,800MW of power generation capacity expected until 2018.

Moya Holdings Asia appoints Goh Wee Meng as financial controller

Mr. Goh will assist newly appointed chief financial officer.

Singapore power sector's weakness now hurt Sembcorp Industries less

Impact to utilities business now only accounts for 16% of profits.

Singapore gencos' profits remain under threat as power oversupply looms

Electricity prices stabilising at $50/MWHh brought little hope.