Sichuan Road & Bridge first-quarter new project value soars

Sichuan Road & Bridge (SSE:600039) today announced a strong start to 2025, with the total value of new projects signed in the first quarter reaching CNY 3,468,104,000, up from CNY 2,917,606,000 in the same period last year. Infrastructure projects drove the growth, increasing by 27.95% to CNY 3,045,564,000. The report also noted a decrease in the value of new building construction projects, down 21.19% to CNY 422,013,000. Other projects decreased 71.67% to CNY 528,000. The company noted that there are currently no other major unfulfilled projects. The data is preliminary and subject to change.