China Works international receives 185 million dollar contract to influence the next three years ' performance
Source: Internet
Author: User
KeywordsPerformance Impact
A major contract announcement was issued today by the company, which signed a business contract with the Tanzania Premier Enterprise group, Watts Sugar, for a contract of USD 185 million. The contract is for the construction of a day to deal with 6000 tons of sugar cane plants and supporting the construction of 10,000 hectares of sugarcane plantation farms, and the supply of supporting engineering and agricultural machinery. The contract period is 30 months. The contract amounts to 40.24% of the company's 2009 revenue, and the company says it will have a certain impact on the company's total operating income and gross profit over the next three years after the contract comes into effect. The fulfillment of the contract is conducive to consolidating and expanding the company's market share in Africa.
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