China Railway Construction (SHA:601186, HKG:1186) has said that it expects net profit attributable to equity holders for the year of 2011 to increase by over 50% compared to the RMB4.246 billion net profit for the year of 2010.
The changes in results are primarily attributable to the decrease in the 2010 annual results as a result of the inclusion of the losses from the Mecca Light Rail Project of the company in the 2010 annual results.