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(9 november 2018) china state construction international holdings limited (“csci” or “the group”, stock code: 03311) recorded an accumulated new contract value of hk$100.23 billion in the ten months ended 31 october 2018, year-on-year growth of 11.2%, and hence achieved a 83.5% completion of the full year target of 2018 (which has been revised up to no less than hk$120.0 billion). as of 31 october 2018, the on-hand contract value of the group amounted to approximately hk$370.80 billion, among which the backlog was approximately hk$235.35 billion.
major new contracts awarded in october 2018 include:
500 kwun chui road residential development project, tuen mun, hong kong (the attributable contract value of the group is about hk$2.93 billion. such project includes construction of 4 residential buildings, 22 independent houses, carpark, clubhouse and others with a total gross floor area of 105,583 square meters. the construction period is about 30 months.);
shanty town redevelopment project, pingdingshan, henan province (the attributable contract value of the group is about hk$0.85 billion. such project includes construction of relocation housing with a total gross floor area of 326,000 square meters and others. the construction period is about 24 months.);
relocation housing project, zhenjiang, jiangsu province (the attributable contract value of the group is about hk$0.85 billion. such project includes construction of relocation housing with a total gross floor area of 210,000 square meters. the construction period is about 24 months.).
# the monthly update has been prepared based on internal management records of the group which have not been audited or reviewed by external auditors, and as such the data is for information only.