China Water Affairs Group Limited, through its subsidiaries, supplies city water and sewage treatment. The Company supplies raw water and tap water, treats sewage, constructs water supply pipe networks, and installs water meters.
We view CWA as “Medium Risk” on the LARA scale. The Tranfer-Own-Operate business is stable, with steady cash inflows and direct tariff access from...
China Water Affairs Group’s (CWA’s) reported 59% half-on-half (h-o-h) increase in revenue and 62% operating profit improvement were flattered by...