CCCC Q1 Net Profit Declines 10.98% YoY, Contract Value Rises 9.02%

【CCCC: Q1 Net Profit Down 10.98% YoY】CCCC (601800.SH) released its Q1 report, showing operating revenue of 154.644 billion yuan, down 12.58% YoY; net profit attributable to shareholders of publicly listed firms was 5.467 billion yuan, down 10.98% YoY. During the reporting period, facing dual pressures from industry trends and the economic cycle, the company's key operating indicators remained basically stable. Its overseas business demonstrated strong resilience, while domestic business in major cities developed steadily. Although the traditional pillar business of transportation infrastructure faced pressure, the company maintained its leading position in the construction industry. The company's newly signed contract value amounted to 553.034 billion yuan, up 9.02% YoY.

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