Through a mixture of volume and price increases and inorganic growth, we expect China Water Affairs (CWA) to grow operating profit by a CAGR of 17.8% over the next five years. CWA owns and operates water supply assets in 46 cities across China. China’s economy suffers from polluted water and water scarcity and only around 50% of households are connected to a water network. The Chinese government has become increasingly supportive of private companies developing the water sector and, for
26 Apr 2016
Signs of delivery on ambitious growth plans
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Signs of delivery on ambitious growth plans
China Water Affairs Group Limited (855:HKG) | 0 0 0.0%
- Published:
26 Apr 2016 -
Author:
Jamie Aitkenhead -
Pages:
16
Through a mixture of volume and price increases and inorganic growth, we expect China Water Affairs (CWA) to grow operating profit by a CAGR of 17.8% over the next five years. CWA owns and operates water supply assets in 46 cities across China. China’s economy suffers from polluted water and water scarcity and only around 50% of households are connected to a water network. The Chinese government has become increasingly supportive of private companies developing the water sector and, for