By Adam Clark

 

Surveillance-systems provider UniVision Engineering Ltd. (UVEL.LN) said Tuesday that it expects its financial 2018 results to be ahead of the prior year and 2019 results to benefit from the signing of its previously announced contract with Hong Kong railway company MTR Corp. Ltd. (0066.HK).

UniVision said that for its financial year ended March 31 it invoiced 5.1 million Hong Kong dollars ($650,000) to MTR, leaving a further HKD402.2 million for the remaining five and a half years of the contract.

UniVision said it will announce its final results for fiscal 2018 towards the end of July.

 

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

 

(END) Dow Jones Newswires

April 24, 2018 10:02 ET (14:02 GMT)

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