China Communications Construction's New Contracts Grow 9% in January-September

MT Newswires Live10-24

China Communications Construction (HKG:1800, SHA:601800) recorded a 9.3% year-over-year rise in the value of new contracts for the first three quarters of 2024 to 1.28 trillion yuan, a Thursday bourse filing said.

Of this, the value of new contracts of infrastructure construction, infrastructure design, dredging, and other business segments stood at roughly 1.149 trillion yuan, 38.7 billion yuan, 84.2 billion yuan, and 8.08 billion yuan, respectively.

The value of new contracts of all businesses from overseas markets rose by 25% to 265.2 billion yuan, according to the infrastructure construction company.

Price (HKD): $5.33, Change: $-0.040, Percent Change: -0.74%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment