Arcplus' Newly Signed Contract Value Slides 22% in H1
Arcplus' (SHA:600629) value of newly signed contracts fell nearly 22% year over year to 2.80 billion yuan in the first half, according to a Wednesday filing with the Shanghai bourse.The value of engineering design contracts rose 3.5% year over year to 1.52 billion yuan.Engineering and technical design services value slid 27% to 368.9 million yuan, while that of engineering contracting contracts fell 46% to 781.7 million yuan, and engineering survey contracts declined 17% to 136.2 million yuan.