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China Metallurgical Libya project shutdown unfinished contract amount 5.1 billion

Source: Internet
Author: User
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Tags accounting company cost group notice project projects shutdown
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China Metallurgical (601618) Wednesday evening Notice that the company's subsidiary of China Metallurgical Group Co., Ltd. in Libya, the suspension of the project, the company has been under the unified arrangement of our Government, the organization withdrew the staff in Libya.　　China has a total of 2 projects in Libya, the total contract value of 5.586 billion yuan, the unfinished contract amount of about 5.131 billion yuan, accounting for the company's 2010 end of the total contract was not completed about 2%. The company said the evacuation will have a certain cost, the follow-up progress of the project will be uncertain.

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