China State Construction Engineering Corporation Ltd. (stock code: 601668.SH) released a report on its earnings in the first five months of 2020.

The total value of new contracts from January to May reached 1.08 trillion yuan, continuing a trend of recovery in terms of growth year-on-year.

Specifically, the value of new construction contracts amounted to 957.8 billion yuan, up by 4.8% year-on-year. Domestic businesses resumed positive growth year-on-year, whilst the value of overseas businesses reached 66.8 billion yuan, increasing 90.1% year-on-year. Meanwhile, the total area under construction by the company was 1.35 billion square meters, up by 9.7% year-on-year.

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