2 stories mentioning HKG:3822Updated 6h ago
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Sam Woo Construction (HKG:3822) has been awarded a construction contract for the foundation works of a project in the Northern Metropolis.The contract is expected to be worth up to HK$200 million, a Tuesday bourse filing showed.The construction works will likely be completed in the first half of 2027.
Sam Woo Construction (HKG:3822) expects a profit of at least HK$50 million for the fiscal year ended 31 March, compared with about HK$11 million a year earlier, according to a Wednesday Hong Kong bourse filing.The construction engineering company attributed the increase to the efficient execution of its Lantau Island project, settlement of final accounts for certain completed contracts, and the absence of impairment losses on trade and retention receivables recorded in the prior year.
