article details
(10 april 2018) china state construction international holdings limited (“csci” or“the group”, stock code: 03311) recorded an accumulated new contract value of hk$32.95 billion in the three months ended 31 march 2018, year-on-year growth of 25.6%, and hence achieved a 28.7% completion of the full year target of 2018 (which should be no less than hk$115.00 billion). as of 31 march 2018, the on-hand contract value of the group amounted to approximately hk$335.48 billion, among which the backlog was approximately hk$206.69 billion.
major new contracts awarded in march 2018 include:
industrial park for poverty alleviation ppp project, shiyan, hubei province (the attributable contract value of the group is about hk$3.49 billion. such project includes industrial park with a total gross floor area of about 381,000 square meters, arterial road with 21.7 kilometers. the construction period is about 24 months.);
infrastructure ppp project, ji’an, jiangxi province(the attributable contract value of the group is about hk$1.18 billion. such project includes ecotourism region with 200.2 hectares, planting landscape with 36.8 hectares, municipal road with 4.3 kilometers. the construction period is about 24 months.);
head office building and labour apartment of high technology industrial park epc project, nanjing, jiangsu province (the attributable contract value of the group is about hk$1.64 billion. such project includes building with a total gross floor area of about 200,000 square meters. the construction period is about 24 months.);
theme park resort hotel complex development project, macau (the attributable contract value of the group is about hk$3.36 billion. such project includes one hotel, one casino and others. the construction period is about 21 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.