China State Construction Development sees nine-month operating profit riseBusiness | 18 Oct 2019 4:51 pm
China State Construction Development (0830) posted its operating profit for the first nine months this year rose 20.27 percent year-on-year to HK$202 million.
Revenue for the period grew 13.61 percent from a year earlier to HK$2.69 billion.
The company's accumulated new contract value amounted to HK$3.32 billion for the first three quarters, dropping 18.86 percent over a year ago and taking up 66.44 percent of its full-year target of at least HK$5 billion.
Shares of the company went up 1.2 percent, or 1 HK cent, to close at 84 HK cents.