Operating Information of China State Construction International Holdings Ltd for the Eighth Months Ended 31 August 2015
[ Date：2015-09-23 Visits： ]
China State Construction International Holdings Ltd(the “Company”, together with its subsidiaries (collectively the “Group”))recorded an accumulated new contract value of HK$47.61 billion in the eight months ended 31 August 2015, and hence achieved a 68.0% completion of the full year target of 2015 (which has been revised up to no less than HK$70.0 billion).
As of 31 August 2015, the on-hand contract value of the Group amounted to approximately HK$190.68 billion, among which the backlog was approximately HK$120.3 billion, equivalent to 3.5 times of the Group’s audited revenue of 2014.
The major new contracts awarded in August 2015 include:Infrastructure Project, Hechuan District, Chongqing (The attributable contract value of the Group is about HK$1.38 billion. Such project includes a public facilities construction project with a gross floor area of about 180,000 square meters, a municipal road of 4.6 kilometers, a bridge of 3.2 kilometers and a part renovation project of county road.)
Relocation Housing Project with Public-Private-Partnership (PPP) model, Huaiyin District, Huaian, Jiangsu Province (The attributable contract value of the Group is about HK$2.5 billion. Such project is the Group’s third project implemented by PPP model in the PRC. Such project, with a total gross floor area of about 685,000 square meters, includes three relocation housing projects.) (from COHL)【print】 【closed】