In 2015, China Railway Group’s (CRG) overseas deals exceeded USD 10 billion and China Railway Construction Corporation’s (CRCC) overseas contracts was 86.29 billion yuan (USD 13 billion) accounting for 9.09 percent of revenue from all of the company’s newly signed contracts.
Statistics show that the operation revenue of CRG Ltd. was 621.09 billion yuan (USD 96 billion) in 2015. Compared with revenue in 2014, that number increased by 1.76 percent. The company’s net profit in 2015 was 12.26 billion yuan (USD 1.9 billion), increasing 18.32 percent from 2014.
The 2015 operation revenue for CRCC Ltd. was a bit less than that of CRCC at 600.54 billion yuan (93 billion), but still 1.22 percent higher than in 2014. The company’s net profit was 12.65 billion yuan (USD 1.9 billion), 7.76 percent higher than in 2014. The earnings per share of CRCC stock was 0.98 yuan in 2015, the highest ever since the company went public.
The two companies have continued to maintain relatively high market shares in the industry. Both companies are also in the process of expanding abroad, and both are receiving a good amount of new business.
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