The new group is now down 0.28% to the restructuring of the business reaction insipid

Source: Internet
Author: User
Keywords Hong Kong dollar water service
Tags business business is company created development group projects service
The newly created group (00659-HK) is now down 0.28% to HK $14.06, a deal of HK $602,600, and a mild response to the restructuring of the business. According to the Star Island Daily, Cheng, a new executive director, will be focusing on water and road projects in the future, hoping to upgrade the proportion of mainland infrastructure to profitability from about 50% to 60%-70%.  Newly created currently engaged in infrastructure, leasing, bus and shipping business, the business is more decentralized. The company has adjusted its business focus to improve the profitability of the overall business because it anticipates a faster pace of development of the water Project and an internal rate of return of about 12% per cent, which is believed to have a more favourable cash flow growth in 3-5 years.
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