News Column

CAMC Engineering H1 Net Up 23%

August 22, 2014

BEIJING, August 22, SinoCast -- China CAMC Engineering (SZSE: 002051) had operating revenue of about CNY 4.1 billion in the first half of 2014, up 6.43% year on year. Net profit attributable to shareholders rose 22.74% to about CNY 423.79 million, with basic EPS of CNY 0.55.

It inked USD 812 million contracts in the period, including an airport project in Nepal, a cement rectification project in Russia, a grain warehouse project in Zambia, a hospital project in Ecuador.

Value of contracts taken effect hit USD 880 million, covering a water plant project in Bangladesh, a road construction project in Zambia, a railway construction project in Bolivia. Value of contracts at hand touched about USD 6.72 billion as at June 30.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Sinocast Construction & Real Estate Beat (China)

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters