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China Railway Construction wins RMB 3.7 bln contract

Nov. 5, 2012 (China Knowledge) - China Railway Construction Corp Ltd or CRCC<601186><1186>, a leading state-owned construction company in the country, has announced it recently signed a contract worth RMB 3.7 billion.

The contract value is equivalent to 0.81% of the company's operating revenue in 2011.

In a statement filed with Shanghai Stock Exchange, the construction company said it wins a subway construction project in Qingdao, Shandong Province.

In the first nine months of this year, China Railway Construction Corp inked RMB 181.8 billion worth of new contracts, up 88.3% YoY, while its net profit for the first nine-month period grow 2.06% YoY to RMB 5.09 billion.







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