The Board of Directors of China Communications Construction Company Limited has announced the consolidated results of the Company and its subsidiaries prepared in accordance with International Financial Reporting Standards (IFRS) for the year ended 31 December 2012.
FINANCIAL HIGHLIGHTS
– Revenue of the Group in 2012 amounted to RMB295,321 million, representing an increase of RMB1,040 million, or 0.4%, from RMB294,281 million in 2011.
– Gross profit in 2012 amounted to RMB32,598 million, representing an increase of RMB4,690 million, or 16.8%, from RMB27,908 million in 2011.
– Operating Profit in 2012 amounted to RMB19,189 million, representing an increase of RMB2,976 million, or 18.4%, from RMB16,213 million in 2011.
– Profit attributable to owners of the Company in 2012 amounted to RMB12,248 million, representing an increase of RMB487 million, or 4.1%, from RMB11,761 million in 2011.
– Earnings per share for the year 2012 amounted to RMB0.77, as compared with RMB0.79 in 2011.
– The value of new contracts in 2012 amounted to RMB514,920 million, representing an increase of 12.5% from RMB457,848 million in 2011.
– As at 31 December 2012, the backlog for the Group was RMB700,525 million, as compared with RMB601,912 million as at 31 December 2011.
– The Board has proposed a final dividend of RMB0.1847 per share (tax inclusive) for the year ended 31 December 2012, subject to shareholder’s approval.
On 9 March 2012, the Company issued A shares, which are listed for trading on the Shanghai Stock Exchange. Subsequent to the completion of the issuance of A shares, the total share capital of the Company has changed from 14,825,000,000 shares to 16,174,735,425 shares.
The Company and its subsidiaries are principally engaged in the design and construction of transportation infrastructure, dredging and heavy machinery manufacturing business.
It covers the following business aspects: port, terminal, road, bridge, railway, tunnel, civil work design and construction, capital dredging and reclamation dredging, container crane, heavy marine machinery, large steel structure and road machinery manufacturing, and international project contracting, import and export trading services.
It is the largest port construction and design company in China, a leading company in road and bridge construction and design, a leading railway construction company, the largest dredging company in China and the second largest dredging company (in terms of dredging capacity) in the world.
The Company is also the world’s largest container crane manufacturer. The Company currently has 34 wholly- owned or controlled subsidiaries.
More info
[mappress]
Press Release, March 26, 2013