CR Construction Secures HK$2 Billion Public Housing Contract in Hong Kong

The latest announcement is out from CR Construction Group Holdings Limited ( (HK:1582) ).

CR Construction Group Holdings Limited has announced that its subsidiary, CR Construction Company Limited, has been awarded a main construction contract by the Hong Kong Housing Authority. This contract, valued at approximately HK$2 billion, involves public housing developments in Tseung Kwan O, Hong Kong, and is expected to commence in early February 2025. This project reinforces the company’s position as a key player in Hong Kong’s construction industry and is likely to impact its operations positively.

More about CR Construction Group Holdings Limited

CR Construction Group Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the construction industry. It operates through its subsidiaries, focusing on building construction works, and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -3.19%

Average Trading Volume: 74,444

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$227.5M

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