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CSCI announced its operating information for February 2018

2018-03-09

(9 March 2018) China State Construction International Holdings Limited (“CSCI” or “The Group”, Stock Code: 03311) recorded an accumulated new contract value of HK$22.31 billion in the two months ended 28 February 2018, year-on-year growth of 17.5%, and hence achieved a 19.4% completion of the full year target of 2018 (which should be no less than HK$115.00 billion). In which, new contract value of infrastructure investment in the PRC recorded a Y-o-Y growth of 74.0%; mainly contributed by PPP Projects of infrastructure and science and technology innovation park. As of 28 February 2018, the on-hand contract value of the Group amounted to approximately HK$329.27 billion, among which the backlog was approximately HK$200.70 billion.


Major New Contracts Awarded in February 2018 include:


Infrastructure PPP Project, Baoshan, Yunnan Province (The attributable contract value of the Group is about HK$4.18 billion. Such project includes 19 municipal roads, underground integrated corridors with 14.40 kilometers and others. The construction period is about 36 months.);


Science and Technology Innovation Park PPP Project, Xuzhou, Jiangsu Province (The attributable contract value of the Group is about HK$1.26 billion. Such project includes technology innovation center, research laboratory, warehouse, apartment, commercial facilities and others with a total gross floor area of about 300,000 square meters. The construction period is about 36 months.);


Tai Po Lai Chi Shan Shantong Road Project, New Territories, Hong Kong (The attributable contract value of the Group is about HK$2.90 billion. Such project includes residential building, carpark and others with a total gross floor area of about 175,000 square meters. The construction period is about 45 months.).


# The Monthly Update has been prepared based on internal management records of the Group which have not been audited or reviewed by external auditors, and as such the data is for information only.

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