Chinese construction January-June new record

Source: Internet
Author: User
Keywords Chinese architecture sign contract
Chinese architecture (601668) The first half of the net profit growth of 94.8% Year-on-year, the operating indicators are more than expected.  China building today announced 2010.5 Annual report, January-June, the company realized operating income of 158.24 billion yuan, an increase of 42.1%, attributable to the shareholders of the listed company net profit of 4.63 billion yuan, an increase of 94.8% per share earnings 0.15 yuan. In the first half of the year, the new contract amount of Chinese construction has been innovated high, reaching 304.6 billion yuan, an increase of 49.1%, the amount of contract to be applied to 554.5 billion yuan.  The rapid expansion of the scale of housing construction and capital construction business, the smooth advancement of high margin business such as real estate, the gradual appearance of fund-raising benefit, and the effective control of the company's management expenses and financial expenses, have laid the rapid development of the company's profit level.  During the reporting period, benefiting from the favorable macroeconomic environment and the technical advantages of the company's housing construction sector, China's building and building blocks realized a revenue of 114.3 billion yuan, a gross margin of 8.41 billion yuan and a growth rate of 42% and 32% respectively. At the same time, China's infrastructure construction business has also grown rapidly, operating income reached 22.1 billion yuan, a 67.9% increase in the same period last year, the realization of 2.15 billion yuan, increased by 66.2%. The company also successively obtained Shen Railway passenger dedicated line, Qingdao North Station, Guiyang East second Ring road and other major projects. In the second half of the year, the sustained growth of fixed investment in infrastructure construction, especially the development of the West, China's infrastructure construction business will be strong support.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.