Earnings boost seen for Ranhill


Ranhill Holdings Bhd's highly-automated wastewater treatment plant at Xiaolan Industrial Park in Nanchang, China. - Filepic

PETALING JAYA: Energy and water company Ranhill Holdings Bhd is set to get an earnings boost from next year, following an impending water tariff hike.

MIDF Research said in a report yesterday that subsidiary SAJ Ranhill Sdn Bhd is due for a tariff hike soon as the last one was back in 2015, which saw a 14% hike.

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Business , Ranhill , MIDF , buy , water , tariff , revenue , profit ,

   

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