PowerChina announced that the total value of newly signed contracts from January to July 2026 reached 640.456 billion yuan, a year-on-year decrease of 13%. Among its three core businesses, only urban construction and infrastructure achieved positive growth, with new contracts of 162.37 billion yuan during the period, up 7.09% year on year. Energy and power business new contracts amounted to 402.141 billion yuan, down 14.76% year on year. Water resources and environment business new contracts came to 58.709 billion yuan, a year-on-year decline of 21.76%. By region, domestic new contracts totaled 439.641 billion yuan, a sharp year-on-year drop of 24.21%, while overseas new contracts reached 200.815 billion yuan, up 28.66% year on year. The company's net profit has declined for two consecutive years from 2024 to 2025. Net profit attributable to the parent company in 2025 was 10.007 billion yuan, down 16.75% year on year. In the first quarter of 2026, net profit attributable to the parent company was 1.951 billion yuan, a year-on-year decline of 25.56%.
Power Construction Corp of China LtdNewly signed contracts fell 13% YoY, with declines in energy and water businesses, indicating weaker demand.
