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Sam Woo Construction Secures Major HK$400 Million Contract

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Sam Woo Construction Secures Major HK$400 Million Contract

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Sam Woo Construction Group Ltd. ( (HK:3822) ) has provided an announcement.

Sam Woo Construction Group Limited has announced the award of a significant construction contract for foundation works in the Yuen Long District, valued at over HK$400 million. The project is expected to be completed by the end of 2026, marking a substantial development in the company’s business activities. This contract could potentially enhance the company’s market position and operational capacity, although no profit forecasts have been made.

The most recent analyst rating on (HK:3822) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Sam Woo Construction Group Ltd. stock, see the HK:3822 Stock Forecast page.

More about Sam Woo Construction Group Ltd.

Sam Woo Construction Group Limited is a company incorporated in the Cayman Islands, operating in the construction industry. It focuses on providing construction services, particularly in foundation works, and is listed on the Stock Exchange of Hong Kong.

Average Trading Volume: 63,242

Technical Sentiment Signal: Buy

Current Market Cap: HK$80.64M

For a thorough assessment of 3822 stock, go to TipRanks’ Stock Analysis page.

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