Research and Markets: A Company Profile of Shanghai Tunnel Engineering Co., Providing Data on the Company's Finances, Past Projects & Industry Share
DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/516072/china_company_rese)
has announced the addition of the "China Company Research - Shanghai
Tunnel Engineering Co., LTD 2008" report to their offering.
In 2007, Shanghai Tunnel Engineering (STEC) had achieved a
significant success. Their income increased by 44.03 per cent annually
and their net profit increased by 54.96 per cent annually. Meanwhile,
the total value of contracts amounted to 12.475 billion Yuan in 2007,
an increase of 43.75 per cent annually. The underground construction
contract totaled 9.118 billion Yuan, the ground construction contract
2.619 billion Yuan, the design contract totaled 284 million Yuan and
the other 454 million Yuan included duct piece, machinery
manufacturing and power distribution equipments etc.
The income of 2008Q1 was 2.67 billion Yuan, an increase of 60 per
cent annually, and the net profit was 58.11 million Yuan, an increase
of 45 per cent year-on-year. The revenue growth came mainly from the
construction of Shanghai World Expo and underground projects in many
cities. The income of 2007Q1 accounted for 19.5 per cent of the total
income of 2007 and 2008Q1 is estimated at accounting for 25.2 per cent
of the total income.
In terms of the income structure, construction and design take 80
per cent of the overall income, followed by the machinery
manufacturing and operation business. In terms of the gross profit,
engineering design and construction accounted for more than 60 per
cent of total. Machinery manufacturing and operation business
accounted for 11.40 and 16.59 per cent respectively of the total.
The development strategy of STEC focuses on the core business --
underground construction, the developing business - tunnel shield
manufacturing and project investment, and emerging businesses --
engineering consultation and maintenance operations.
The company took 90 per cent of the domestic market share of large
and super-large river tunnels, 100 per cent of Shanghai's market
share; 20 per cent of domestic urban railway transit tunnels mileage
and 52.8 per cent of Shanghai railway transit tunnels, as a leading
company in China tunnel industry.
Key Topics Covered:
- Industry background
- Overview of STEC
- Construction section
- Tunnel shield manufacturing section
- Project investment and operating section
- Finance
- List of Figures
- List of Tables
For more information visit
http://www.researchandmarkets.com/research/516072/china_company_rese
Research and Markets
Laura Wood
Senior Manager
press@researchandmarkets.com
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Copyright Business Wire 2008
