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Power Construction of China Posts 9.7% Drop in H1 New Contracts

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Power Construction Corp. of China (SHA:601669) secured 619.8 billion yuan in new contracts during the first half of the year, down 9.7% decrease compared to the same period in 2025, according to a Tuesday filing with the Shanghai Stock Exchange.

The power infrastructure company signed a total of 4,190 contracts across various sectors, including energy projects, water resources, environmental works, and urban development.

The number of overseas projects jumped 39% year on year, while the number of domestic projects dropped 22% from the prior year.

The company's shares slipped over 1% in late-morning trade Tuesday.

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