Macau Waste Systems Co. Ltd. (CSR), the company responsible for waste management in the Macau SAR registered a 20.9 per cent increase in total assets in 2015, valued at MOP100.88 million (US$12.61million), according to an independent audit presented in an Official Gazette release. The dispatch also reveals that CSR posted MOP198.54 million in active assets and MOP106 million in passive assets in 2015, a 24.56 and 22.46 per cent increase from 2014. The locally registered company, presided over by Antoine Evrard Grange, claimed that despite adverse local and international economic conditions CSR managed to register lucrative operational activities due to the implementation of cost saving programmes and improved efficiency. CSR has provided street cleaning, collection and transportation of waste for the MSAR since 1992, with a new 10-year contract awarded by the government in 2014 valued at MOP2.13 billion, as reported previously by Business Daily.
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