Company Briefs: Sanli Environmental

Sanli Environmental

Environmental engineering firm Sanli Environmental has secured four new contracts worth a total of $26 million.

These consist of engineering, procurement and construction (EPC) contracts, as well as an operations and maintenance (O&M) project.

The EPC projects involve the supply, installation, commissioning and testing of equipment, replacement of ultra-filtration membrane modules and the upgrading of clarifiers at water-treatment plants.

The O&M project involves the maintenance of mechanical and electrical equipment at a water-reclamation plant.

The four new contract wins bring Sanli's order book to $125.1 million as of yesterday.

They are expected to have a positive material impact on Sanli's revenue for the financial year ending March 31 next year.

Cheung Woh Technologies

Cheung Woh Technologies has warned it expects to report a loss for the first quarter ended May 31.

The group anticipates the loss because turnover in the hard-disk drive components segment was affected during the transitional period of phasing in the manufacturing of base plates.

More details on Cheung Woh's performance will be disclosed in its unaudited financial results that will be released on or before July 14.

A version of this article appeared in the print edition of The Straits Times on July 05, 2017, with the headline 'Company Briefs'. Print Edition | Subscribe