Sinopec Engineering's (Group) (HKG:2386) new contracts for the three months ended Dec. 31, 2024, amounted to 27.2 billion yuan.
For the year 2024, the total value of the new contracts rose by 25.4% to 100.6 billion yuan from 80.3 billion yuan a year prior, a Friday bourse filing stated.
As of Dec. 31, 2024, the engineering and construction firm's backlog stood at 172.7 billion yuan, 26.7% higher than the 136.3 billion yuan recorded for 2023.