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Ching Lee Holdings (3728.HK) earns HK$1.54 billion of total contract values

Retrieved on: 
Wednesday, August 17, 2022

HONG KONG, Aug 17, 2022 - (ACN Newswire) - Ching Lee Holdings Limited ("Ching Lee" or "The Group"(1), stock code 3728.HK) signed about ten contracts for construction projects with various property developers at the end of June this year.

Key Points: 
  • HONG KONG, Aug 17, 2022 - (ACN Newswire) - Ching Lee Holdings Limited ("Ching Lee" or "The Group"(1), stock code 3728.HK) signed about ten contracts for construction projects with various property developers at the end of June this year.
  • The accumulated unfinished contract values of approximately HK$1.54 billion marked a historic record of doubling from year on year and compared to the general period before the outbreak of COVID-19 in 2018, it was a 50% increase.
  • Despite the difficulties, Ching Lee did not retreat, but also swam upstream and achieved a great year.
  • Ching Lee has gradually and successfully transitioned from being a contractor to a developer through its experience and expertise in the construction industry.