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SINOPEC Engineering (Group) Co., Ltd. Class H ( (HK:2386) ) has provided an update.
SINOPEC Engineering (Group) Co., Ltd. announced a significant increase in its new contract value and backlog for the nine months ending September 30, 2025. The company reported a 24.4% rise in new contract value to RMB91.347 billion and a 24.8% increase in backlog to RMB215.470 billion compared to the previous year. Key contracts include projects with Sinopec (Henan) Refining & Chemical Co., Ltd., Shaanxi Yulin Energy Fine Chemical Materials Co., Ltd., and Saudi Aramco, highlighting the company’s strong performance and strategic positioning in the global EPC market.
The most recent analyst rating on (HK:2386) stock is a Buy with a HK$8.40 price target. To see the full list of analyst forecasts on SINOPEC Engineering (Group) Co., Ltd. Class H stock, see the HK:2386 Stock Forecast page.
More about SINOPEC Engineering (Group) Co., Ltd. Class H
SINOPEC Engineering (Group) Co., Ltd. is a joint stock limited liability company incorporated in the People’s Republic of China. The company operates in the engineering and construction industry, focusing on providing engineering, procurement, and construction (EPC) services. Its primary market focus includes large-scale projects in the oil, gas, and chemical sectors.
Average Trading Volume: 6,028,227
Technical Sentiment Signal: Buy
Current Market Cap: HK$30.67B
See more data about 2386 stock on TipRanks’ Stock Analysis page.