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03311 CHINA STATE CON
RTNominal up8.760 +0.110 (+1.272%)
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10/01/2018 16:52

CSCI (03311) 2017 new contract value up 23% to HK$103.14bn

[ET Net News Agency, 10 January 2018] China State Construction International (CSCI)
(03311) said the Group recorded an accumulated new contract value of HK$103.14 billion in
the twelve months ended 31 December 2017, an increase of 23.1% year-on-year, and hence
achieved the full year target of 2017 (which has been revised up to no less than HK$100
billion).
As of 31 December 2017, the on-hand contract value of the Group amounted to about
HK$309.07 billion, among which the backlog was about HK$188.01 billion.
The Group's target for new contracts to be awarded in 2018 is no less than HK$115
billion. (HL)

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