China Railway Construction Reports Q1 Profit Decline of 14.72%

Stock News04-29 19:24

China Railway Construction Corporation Limited (01186) announced its financial results for the first quarter of 2026. The group reported revenue of 231.582 billion yuan, a decrease of 9.81% compared to the same period last year. Net profit attributable to shareholders of the listed company was approximately 4.392 billion yuan, down 14.72% year-on-year. Basic earnings per share for the quarter were 0.28 yuan.

In terms of new contracts, the group signed new contracts totaling 357.9039 billion yuan in the first quarter, representing a significant decline of 27.38% compared to the prior year period. Domestic business accounted for the majority of new signings, with a value of 326.5794 billion yuan, making up 91.25% of the total new contract value. This segment saw a decrease of 27.21% year-on-year. Overseas business contributed 31.3245 billion yuan in new contracts, constituting 8.75% of the total, and declined by 29.07% compared to the first quarter of the previous year.

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