07.09.2012, 08:50
CCCC Releases 2012 Mid-Year Business Report
OREANDA-NEWS. September 07, 2012. CCCC held a release conference 2012 mid-year business report. Chairman Zhou Jichang, and Chief Economic Engineer and Board Secretary Liu Wensheng were present, reported the press-centre of CCCC.
At the conference, CCCC elaborated on its business performance in the first half of 2012 to investors, and forecasted the development of all its business sectors in the second half. In the first half, the company intensified overseas market development and domestic investment development, constantly achieved new successes in market development, maintained the growth of the value of newly signed contracts, constantly stepped up business restructuring, substantially increased the gross profit margin and progressively changed modes of economic growth.
According to China Accounting Standards, by June 30, 2012, CCCC’s business revenues, net profit and earning per share had been 125.069 billion yuan, 4.85 billion yuan and 0.31 yuan respectively; according to International Accounting Standards, by June 30, 2012, CCCC’s business revenues, net profit, earning per share and uncompleted contract value had been 124.737 billion yuan, 5.016 billion yuan, 0.32 yuan and 693.94 billion yuan respectively.
At the conference, Chairman Zhou Jichang and Board Secretary Liu Wensheng answered questions from investors and financial reporters, exchanged ideas with attendees on their concerns, and pledged that the company will continue to seize opportunities to actively change development modes, pay closer attention to enhancing profitability, value the optimization of its asset structure and business structure, standardize corporate system building, intensify basic management, and further enhance the company’s operation quality and profitability, to yield higher return for investors.
The conference has drawn wide attention from capital markets, achieved expected effects and further established the company’s favorable image in domestic and overseas capital markets. Among attendees were major institutional investors and financial media outlets from the mainland and Hong Kong.
At the conference, CCCC elaborated on its business performance in the first half of 2012 to investors, and forecasted the development of all its business sectors in the second half. In the first half, the company intensified overseas market development and domestic investment development, constantly achieved new successes in market development, maintained the growth of the value of newly signed contracts, constantly stepped up business restructuring, substantially increased the gross profit margin and progressively changed modes of economic growth.
According to China Accounting Standards, by June 30, 2012, CCCC’s business revenues, net profit and earning per share had been 125.069 billion yuan, 4.85 billion yuan and 0.31 yuan respectively; according to International Accounting Standards, by June 30, 2012, CCCC’s business revenues, net profit, earning per share and uncompleted contract value had been 124.737 billion yuan, 5.016 billion yuan, 0.32 yuan and 693.94 billion yuan respectively.
At the conference, Chairman Zhou Jichang and Board Secretary Liu Wensheng answered questions from investors and financial reporters, exchanged ideas with attendees on their concerns, and pledged that the company will continue to seize opportunities to actively change development modes, pay closer attention to enhancing profitability, value the optimization of its asset structure and business structure, standardize corporate system building, intensify basic management, and further enhance the company’s operation quality and profitability, to yield higher return for investors.
The conference has drawn wide attention from capital markets, achieved expected effects and further established the company’s favorable image in domestic and overseas capital markets. Among attendees were major institutional investors and financial media outlets from the mainland and Hong Kong.
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