China: CCCC Posts 2012 Interim Report

CCCC Posts 2012 Interim Report

On August 29, CCCC held a release conference 2012 Interim Report. Chairman Zhou Jichang, and Chief Economic Engineer and Board Secretary Liu Wensheng were present.

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.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.

Press Release, September 10, 2012

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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