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China International Capital Corporation: Maintains CHINA STATE CON (03311) "Outperform Industry" rating with a Target Price of 13.5 Hong Kong dollars.
The performance in Q1 2025 basically meets the bank's expectations.
Express News | China State Construction Engineering Says It Won Major Projects Totalling 39.5 Bln Yuan
China Construction: China Construction Corporation Limited Report for the First Quarter of 2025
China Construction Corporation Limited Report for the First Quarter of 2025
In Q1, China State Construction Engineering Corporation saw a slight increase in revenue and profit, with Overseas contracts growing by 1.5 times | Earnings Reports insights.
During the reporting period, the company's revenue increased by 1.1% year-on-year, and profit grew by 0.4% year-on-year. The Order structure has been significantly optimized, with outstanding performance in the Infrastructure Business, where the amount of new contracts signed increased by 40.0% year-on-year. The Overseas Business performed remarkably, with a new contract amount of 67.4 billion yuan, a year-on-year increase of 1.5 times, and the Strategic XINXINGCHANYE has also become a new growth point.
China State Construction Engineering Corporation: Steady growth in performance in the first quarter of 2025, with Infrastructure and Energy engineering becoming new drivers.
China State Construction Engineering Corporation 2025 Q1 performance analysis: Seeking new momentum in stable growth Key points Financial performance: Revenue of 555.3 billion achieved in the first quarter...
