24 September 2018

China State Construction grabs 27 bln yuan in deals, filing says

Home and infrastructure builder China State Construction Engineering Co. Ltd (601668.CN) has secured 10 contracts for projects worth a combined 27.1 billion yuan (US$4.4 billion), according to a regulatory filing released late Monday. The new contract value is equivalent to 4.7 percent of the company’s audited operating revenue for 2012, it said. The deals include construction of a commercial property in Shijiazhuang and a transport project in Foshan, Guangdong province.

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