26 September 2018

CSCEC new contracts value up 32.4% in Jan-Oct, paper says

China State Construction Engineering Corp. (CSCEC, 601668.CN) said in a regulatory filing on Tuesday that new contracts in the 10 months to October rose 32.4 percent to more than 1 trillion yuan (US$162.67 billion) from a year earlier. Sales during the period grew 23.9 percent to 120.1 billion yuan, while sold area was up 24.2 percent at 10.21 million square meters. At the end of October, the company had 71.38 million square meters in its land bank, the filing said.

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