Summary by Moomoo AI
China Central Railway Co., Ltd. issued the main operating data announcement for the first quarter of 2024 on April 19, 2024. The announcement showed that the company experienced varying degrees of increase in the amount of new contracts signed in several business areas. Among them, new contracts for the engineering and construction business were RMB 4,701.2 billion, down 7.1% year-on-year; the design consulting business fell 3.1%; and the emerging business grew 53.9%. The amount of new contracts signed in specialty real estate and asset operating businesses decreased by 60.5% and 70.1%, respectively. In regional distribution, the amount of new contracts signed at home decreased by 8.8% and abroad by 23.0%. In terms of real estate development business, the added land reserve grew by 29.8% year-on-year, but the area...Show More