China State Construction International Holdings Limited Announces Operating Information for the Nine Months Ended 30 September 2015
[ Date：2015-10-22 Visits： ]
China State Construction International Holdings Limited (the “Company”, together with its subsidiaries, collectively the “Group”, Stock Code: 03311.HK) recorded an accumulated new contract value of HK$54.72 billion in the nine months ended 30 September 2015, and hence achieved a 78.2% completion of the full target of 2015 (which has been revised up to no less than HK$70.0 billion).
As of 30 September 2015, the on-hand contract value of the Group amounted to approximately HK$197.62 billion, among which the backlog was approximately HK$124.30 billion, equivalent to 3.6 times of the Group’s audited revenue of 2014.
Major New Contracts Awarded in September 2015 include: Relocation Housing and Hospital Projects with Public-Private-Partnership (PPP) model, Zhenjiang, Jiangsu Province (The attributable contract value of the Group is about HK$2.38 billion. Such projects include a relocation housing project with a gross floor area (GFA) of about 360,000 square meters and a people’s hospital project with a land area of about 150 Chinese acres.) Public Facilities and Relocation Housing Projects with PPP model, Huaian, Jiangsu Province (The attributable contract value of the Group is about HK$2.5 billion. Such projects include two urban road projects with total 22.7 kilometers and a relocation housing project with a GFA of about 225,000 square meters.) Public Facilities Project with PPP model, Shaoxing, Zhenjiang Province (The attributable contract value of the Group is about HK$1.5 billion. Such projects includes three urban road subprojects.)(from COHL)【print】 【closed】