On March 10, China State Construction Engineering Corporation Limited(601668) released the business briefing from January to February 2022. The company’s newly signed contracts amounted to 477.1 billion yuan, a year-on-year increase of 1.5%.
In terms of construction business, the newly signed contract amount was 445.8 billion yuan, a year-on-year increase of 6.7%. Among them, the housing construction business achieved 354.5 billion yuan, a year-on-year increase of 7%; Infrastructure business reached 89.6 billion yuan, a year-on-year increase of 5.3%; The survey and design business reached 1.8 billion yuan, a year-on-year increase of 12.1%. The domestic business of the company reached 435.4 billion yuan, a year-on-year increase of 5.9%; Overseas business reached 10.4 billion yuan, a substantial increase of 54.6% year-on-year, and various performance indicators were comprehensively improved. In terms of physical indicators, the total construction area under construction is 126329 million square meters; The new construction area is 30.34 million square meters; The completed area is 25.7 million square meters.
In terms of real estate business, the contract sales volume was 31.3 billion yuan; The contracted sales area is 1.72 million square meters. In addition, the company has accumulated 100.97 million square meters of land reserves at the end of the period, with sufficient land reserves.