PowerChina disclosed its operating data for the first half of 2026, with total new contract value reaching 619.893 billion yuan, down 9.73% year-on-year. Among its three main business segments, the energy and power segment recorded new contracts worth 386.265 billion yuan, a decline of 10.46%. The water resources and environment segment saw new contracts of 56.321 billion yuan, plunging 27.16%. Urban construction and infrastructure was the only segment to post positive growth, with new contracts of 156.409 billion yuan, up 9.17%. The domestic market contracted sharply, with new contract value of 422.569 billion yuan, down 22.47%. Overseas business continued its strong growth, with new contracts of 197.324 billion yuan, surging 39.29%.
Power Construction Corp of China LtdTotal new contract value fell 9.73% YoY, with domestic orders dropping 22.47%, indicating weaker demand for PowerChina's services.