$CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$has posted 23% growth in earnings of HK$1.02 billion ($174.3 million) for the FY2020 ended December, from earnings of HK$833.5 million a year ago.

Group revenue for the year climbed 2% y-o-y to HK$5.66 billion, while gross profit grew 16% y-o-y to HK$2.20 billion.

During the period, gross profit margin (GPM) increased 5 percentage points to 39%.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 17% y-o-y to HK$1.93 billion.

Basic earnings per share (EPS) stood at 35.80 HK cents, up 19% y-o-y.