China’s Power Construction Sees Value of Deals Drop 10% in January-April
Xu Wei
DATE:  May 13 2020
/ SOURCE:  Yicai
China’s Power Construction Sees Value of Deals Drop 10% in January-April China’s Power Construction Sees Value of Deals Drop 10% in January-April

(Yicai Global) May 13 -- The value of contracts China’s Power Construction signed in the first four months of this year fell 10 percent compared with the same period of 2019.

The electric utility line builder inked contracts worth CNY190.6 billion (USD26.86 billion) between January and April, the Beijing-based company said in a statement today.

The value of the deals in China fell 6.7 percent to CNY131.5 billion, while the value of overseas agreements dropped 16.8 percent to CNY59.52 billion.

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Keywords:   contract