article details
(10 may 2018) china state construction international holdings limited (“csci” or “the group”, stock code: 03311) recorded an accumulated new contract value of hk$42.09 billion in the fourth months ended 30 april 2018, year-on-year growth of 20.4%, and hence achieved a 36.60% completion of the full year target of 2018 (which should be no less than hk$115.00 billion). as of 30 april 2018, the on-hand contract value of the group amounted to approximately hk$326.92 billion, among which the backlog was approximately hk$213.55 billion.
major new contracts awarded in april 2018 include:
so kwun wat road 541 residential project, tuen mun, hong kong (the attributable contract value of the group is about hk$3.06 billion. such project includes 5 residential buildings, 30 villas, carpark and others, with a total gross floor area of about 124,426 square meters. the construction period is about 22 months.);
shanty town redevelopment and infrastructure ppp project, quanzhou, fujian province (the attributable contract value of the group is about hk$3.30 billion. such project includes 11 municipal roads, 4 schools, 2 parks, 1 sports center, 2 resettlement areas and others. the construction period is about 36 months.);
municipal road ppp project, handan, hebei province (the attributable contract value of the group is about hk$1.27 billion. such project includes 8 municipal roads with total length of 23.00 kilometer, landscaping and others. the construction period is about 24 months.);
infrastructure ppp project, zibo, shandong province (the attributable contract value of the group is about hk$0.98 billion. such project includes transportation infrastructure construction, factory, services facilities and others. 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.