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Yuanda China's Q1 new contract value hits RMB 3.78 bln

May. 15, 2012 (China Knowledge) - Yuanda China Holdings Ltd<2789>, the largest curtain wall company in the world, announced that it received RMB 3.78 billion of new orders in the first quarter of this year, reflecting a robust growth of 46% year on year.

The company sad in a statement that the new contract value accounted for 22.6% of its target for this year.

In the first three months, the Hong Kong-listed company secured RMB 2.92 billion of orders from the domestic market and RMB 860 million of orders from overseas market.

In 2011, the company received 226 orders worth a total of RMB 13.62 billion, 22.9% more than in the previous year.

Yuanda China booked a net profit of RMB 850 million last year, representing a growth of 5.5% year on year. Turnover rose 16.6% year on year to RMB 10.80 billion in the period.

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