Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Stocks / IPOs
 Search News  Or
China State Construction Int'l sees revenue for Q1 up 22%

Apr. 18, 2012 (China Knowledge) - China State Construction International Holding<3311>, a wholly-owned subsidiary of China State Construction Engineering Corp<601668>, reaped HK$3.22 billion in operating revenue in the first quarter of 2012, reflecting a year-on-year increase of 22%.

In a statement, Hong Kong-listed China State Construction International said its operating profit for the first quarter increased 23.47% from HK$418 million to HK$517 million.

During the period from January to March, the company signed HK$7.88 billion worth of contracts, increasing 19.2% from a year earlier or accounting for 23.9% of the annual target of HK$33 billion.

The building contractor had around HK$81.31 billion of contracts as of Mar. 31, 2012, of which HK$52.49 billion of contracts have yet been completed.

China State Construction International has also completed acquiring stakes in Far East Global Group Ltd<0830>, bringing its shareholdings to 74.1% with nearly 1.6 billion shares in the target firm, sources reported.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved