CSCI Announces Operation Information for the Seven Months
[ Date：2015-08-18 Visits： ]
China State Construction International Holdings Ltd (CSCI), affiliated to China Overseas Holdings Ltd, recorded an accumulated new contract value of HK$41.09 billion in the seven months ended 31 July 2015, and hence achieved a 60.4% completion of the full year target of 2015 (which should be no less than HK$68.0 billion).
As of 31 July 2015, the on-hand contract value of the Group amounted to approximately HK$184.2 billion, among which the backlog was approximately HK$116.32 billion, equivalent to 3.4 times of the Group’s audited revenue of 2014.
Major new contracts awarded in July 2015 include Infrastructure and Related Facilities Projects, Binzhou, Shandong Province (The attributable contract value of the Group is about HK$3.5 billion. Such project includes 35.66 kilometers of the public facilities and virescence project and a building construction project with a gross floor area of about 812,500 square meters.); Residential Industrialization Project, Hefei, Anhui Province (The attributable contract value of the Group is about HK$0.4 billion. Such project, with a total gross floor area of about 146,300 square meters, includes the construction of ten blocks of high-rises and one basement with 1-storey.). (from COHL)【print】 【closed】