CRCC reports revenue decline in Q1 2025

China Railway Construction Corporation Limited (HKEX:1186) announced a decline in major operating information for the first quarter of 2025. The total value of newly-signed contracts amounted to RMB492.845 billion, a decrease of 10.50% compared to the same period last year. Construction operations contributed the largest portion, with RMB371.0135 billion in contracts, although this segment also experienced an 18.72% decrease. Environmental protection contracts surged by 77.05% to RMB49.0055 billion. The value of domestic contracts was RMB448.6816 billion, while overseas contracts reached RMB44.1637 billion, experiencing a 13.17% decrease and a 30.10% increase, respectively. Real estate development contracts increased by 35.33% to RMB18.5613 billion. The value of sales contracts for real estate was RMB19.5031 billion, an increase of 44.92%.