HK hygiene services firm Beijing Enterprises Urban Resources jumps on robust outlook

Beijing Enterprises Urban Resources

11/02/2020 04:29

** Shares of environmental hygiene services provider Beijing
Enterprises Urban Resources Group Ltd  3718.HK  surge as much as
16.4% to HK$0.71, the highest since Jan. 21
    ** Beijing-based company expects its 2019 net profit to jump
more than 50% from a year earlier, with revenue surging more
than 30% amid higher gross profit margin and an increase in
revenue from hazardous waste treatment projects  urn:newsml:reuters.com:*:nFWN2AA0WV
    ** Company is due to release its final results by end-March
    ** The Hang Seng China enterprises index  .HSCE  rises 1.6%
    ** The Hong Kong benchmark index  .HSI  climbs 1.3%

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)