Home » China State Construction International (03311) Announces 2021 Results Profit Attributable to Shareholders of HK$6.8 Billion, an Increase of 13.1% YoY

China State Construction International (03311) Announces 2021 Results Profit Attributable to Shareholders of HK$6.8 Billion, an Increase of 13.1% YoY

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China State Construction International (03311) Announces 2021 Results Profit Attributable to Shareholders of HK$6.8 Billion, an Increase of 13.1% YoY


  China State Construction International(03311) Released for the year ended December 31, 2021performancethe group achieved a turnover of HK$77.31 billion, a year-on-year increase of 23.8%; the companyshareholderProfit attributable to HK$6.8 billion, a year-on-year increase of 13.1%;stock baseThe current profit was 134.94 HK cents, and a final dividend of 20.5 HK cents per share was proposed.

  announcementAccording to the report, Hong Kong, China, Macau and Mainland China remained the main markets of the Group during the year, contributing 30.8%, 10.9% and 52.4% of the Group’s turnover respectively. In Hong Kong, China and Macau, China, the Group focused on public and private construction businesses, further cementing its industry leadership with continued strong performance. In Mainland China, the Group mainly focuses on construction-related investment projects, and its strong strategy execution and customer satisfaction have contributed to its continuous growth in scale.China Construction IndustryGroup Limited and its subsidiaries (China Construction IndustryGroup) mainly focuses on building exterior wall engineering contracting business. This listed subsidiary is currently managed by an independent management team and is therefore considered a separate business unit of the Group.

In addition, according to the established business objectives, the group reasonably controls the leverage level and strengthens the cash flow work. As of December 31, 2021, the cash on hand was 24.40 billion Hong Kong dollars, accounting for 11.1% of the total assets; the net borrowing ratio was controlled at 69.4%.Group not usedBankThe credit line was HK$82.11 billion, an increase of 25.2% over the same period of the previous year.

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(Article source: Zhitong Financial Network)


Article source: Zhitong Financial Network

Responsible editor: 3

Original title: China State Construction International (03311) released its 2021 results, with a profit attributable to shareholders of HK$6.8 billion, an increase of 13.1% year-on-year, and a final dividend of HK20.5 cents per share

Solemnly declare: Oriental Fortune.com releases this information for the purpose of disseminating more information and has nothing to do with the position of this site.

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