Home News Contracts

Sapphire wins contracts bringing order book to RMB1.5 billion

The Edge Singapore
The Edge Singapore5/26/2020 08:18 PM GMT+08  • 2 min read
Sapphire wins contracts bringing order book to RMB1.5 billion
Sapphire is "cautiously optimistic" that it can return back to the black for this current quarter.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (May 26): Engineering firm Sapphire Corporation has won two engineering contracts in Urumqi, and also lease out a tunnel boring machine, thereby adding RMB235.9 million to its order book.

With these newly-announced contracts, Sapphire’s order book has grown to RMB1.5 billion.

The larger of the two contracts, worth some RMB203 million, is to build a 1.73-km-long underground subway section from Urumqi’s airport. It is due for completion by end of 2022.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.