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Is China Railway Signal & Communication (HKG:3969) Using Too Much Debt?
China Railway Signal & Communication Bags Projects Worth 1.47 Billion Yuan in May-June
China Railway Signal & Communication Corporation won five important rail transit projects from May to June, with a total bid amount of about 1.369 billion yuan.
China Railway Signal & Communication Corporation (03969) announced that from May to June 2024, the company won five important projects in the rail transit market, including two important projects in the railway market, namely the new Zhangzhou-Shantou high-speed railway (Fujian section) 'four-electrification' and related engineering ZSSD-RD bidding section project, with a winning bid of RMB 0.424 billion; the 350 km/h high speed 'Fuxing' EMU matching electrical and electronic equipment procurement project with a winning bid of RMB 0.351 billion; and three important projects in the urban rail transit market, namely the weak electric integration system of the southern extension line (phase III) of Cairo's October 10th City Rail.
Express News | China Railway Signal & Communication - Total Tender Amount RMB1,369 Mln
Express News | China Railway Signal & Communication - From May to June 2024, Was Awarded a Total of Five Important Projects in Rail Transit Market
Express News | China Railway Signal & Communication - Bid-Winning of Important Projects in Rail Transit Market
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