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BEIJING - China Railway Construction Corporation (CRCC), one of China's largest heavy construction firms, said Tuesday its first-half-year net profits rose 52.1 percent from one year earlier.
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Business revenues grew by 37.71 percent from one year earlier to reach 179.32 billion yuan, the Beijing-based company said.
In spite of the government's measures to regulate the property market, put local governments' financing platforms in order, and restrict the nation's energy-intensive sectors, CRCC still managed to sign new contracts valued at 313.43 billion yuan, up 21.79 percent, said the statement.