SAM WOO CONS (03822) announced that the group has recently been awarded a construction engineering contract to undertake foundation works for a project located in Long Ping, Yuen Long District. The expected contract value (including all contingent items and/or provisional contract sums) exceeds HK$400 million, with the final amount to be determined based on actual engineering quantities. The project is expected to be completed by the end of 2026.
The board of directors confirmed that no profit forecast or estimate has been made by the group regarding the award of this construction contract.