15 July 2019

China Railway Construction wins 49.08 bln yuan deals, paper says

China Railway Construction Corp. (CRCC) (01186.HK, 601186.CN) said it won contracts worth a combined 49.08 billion yuan (US$8.08 billion) recently, the China Securities Journal reported Tuesday. The contacts, involving several sizable deals, are equivalent to 10.13 percent of the company’s revenue last year under Chinese accounting standards, the report said. The projects include expansion projects on the Wan’gan railway, the Nanping-Longyan high-speed railway, Chengdu-Kunming railway, Shijiazhuang-Jinan railway and Lianyungang-Yancheng railway, it said.

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