KUALA LUMPUR (April 11): Ranhill Holdings Bhd has announced a dividend payout of RM0.06 sen per share, totalling RM53.3 million for the financial year ended Dec 31, 2018 (FY18).

In a statement today, Ranhill said the group’s revenue rose 5.5 percent year-on-year to RM1.56 billion for FY18 from RM1.48 billion previously, due to stronger contribution from its environment sector, which accounted for about 80 percent of the group’s earnings.

Overseas operations continued to make progress during the period under review, with total treatment capacity growing to 336 million litres daily (MLD) from 290 MLD previously.

The group's net profit stood at RM85.5 million for the year.

“Moving forward, we will continue to seek out viable opportunities in the water sector, both locally and in regional markets.

“Our target by 2022 is to reach 3,000 MLD water and wastewater treatment capacity, of which 400 MLD would be derived from overseas projects,” Ranhill said.