China State Construction International (3311) Q3 2024 earnings summary

Executive summary

• Report covers unaudited financial and operating results for the nine months ended 30 September 2024.

• CSCECL holds a 64.81% stake in the company as of the announcement date.

Financial highlights

• Group revenue for the nine months ended 30 September 2024 was HK$89.29 billion, up from HK$79.49 billion year-over-year.

• Share of revenue from joint ventures was HK$2.50 billion, compared to HK$2.44 billion for the same period last year.

• Aggregate operating profit and share of profits from joint ventures reached HK$13.04 billion, up from HK$11.56 billion year-over-year.

Outlook and guidance

• All figures are unaudited and may differ from future audited statements; investors are advised to exercise caution.