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荣利营造涨超9% 子公司近期中标香港市政工程项目
Zhi Tong Cai Jing· 2025-08-25 07:18
Core Viewpoint - The stock of Rongli Construction (09639) has risen over 9% following the announcement of a new contract for streetlight improvement in Hong Kong, indicating positive market sentiment towards the company's growth prospects [1] Group 1: Company Developments - Rongli Construction's subsidiary, Jishuo Construction Engineering Co., Ltd., has won a contract for the streetlight circuit improvement project in Kowloon City, with a total contract value of HKD 23.896 million [1] - The company has previously participated as a subcontractor in significant projects such as the Hong Kong International Airport third runway infrastructure and various residential and wastewater treatment projects [1] - In June, Rongli Construction released its first complete annual report since its listing, showing a revenue of HKD 717 million for the fiscal year ending March 31, 2025, representing a year-on-year growth of 36.2% [1] Group 2: Industry Position - Rongli Construction is recognized as a major contractor in civil, mechanical, and renewable energy engineering in Hong Kong, with a continuous increase in civil and mechanical engineering project revenues [1]