Engineering Contracting
Our engineering contracting business serves infrastructure, housing, industrial construction, and municipal engineering projects.
In 2015, revenue from the engineering contracting business amounted to HK$14.7 billion, representing a year on year decrease of 14% while net profit attributable to ordinary shareholders dropped to HK$2.6 billion, an increase of 9% from 2014. Several existing projects of CITIC Construction neared completion in 2015, while new projects have not yet begun contributing significantly to revenue growth. The profit delivered from the current construction projects is higher than the previous years, resulting in an increase of the profit in the engineering contracting business.