Reported 8 months ago
Public construction projects are abundant, and construction giants are expected to make significant profits this year. New Asia Construction (2516) announced on June 24, 2024, that they have achieved good progress in order receiving this year, with contracts totaling 11 billion NT dollars in the first half of the year, exceeding the annual target. By selecting high-profit projects, they expect an improved profit for the year. With a current total project amount of around 75 billion NT dollars and unfinished projects of about 45 billion NT dollars, the company plans to focus on profitable orders, leading to a potentially increasing gross profit in the future.
Source: YAHOO