Nov. 5, 2012 (China Knowledge) - China Railway Construction Corp Ltd or CRCC<601186
>, 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
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.