Suzhou Sinoma Signs EPC Contract for Iraq Saman Second Line 5300t/d Cement Production Line

2023-06-03 14:25:03

The signing of this contract is a new starting point for further deepening cooperation between the two sides, and also an important symbol of Suzhou Sinoma's consolidation and deep cultivation of the Iraqi market. The Company will, as always, meticulously organize and efficiently perform the contract, create high-quality benchmarking projects, and lay a solid foundation for continuing to forge ahead in Iraq in the future, undertaking more cement projects and production, operation and maintenance projects, and achieving high-quality development.

On May 31, Suzhou Sinoma Construction Co., Ltd. and KAAI Company of Wataniya Group signed an EPC contract for Iraq Saman Second Line 5300t/d Cement Production Line at the headquarters of Wantaniya Group in Sulaymaniyah. Xu Yaping, the executive vice president of the company, and the CEO Hoshmand Omar of KAAI signed the contract on behalf of both sides.

Iraq KAAI Company is an important customer of Suzhou Sinoma. Since the signing of Saman first-line EPC general contracting project contract in 2014, the company's on-site team has overcome the adverse natural factors and social environmental impact such as hot and dry summer, unrest caused by IS organization, and bravely shouldered heavy burdens and faced difficulties. The project was successfully ignited and put into operation in 2017. Up to now, the production line has been running smoothly as a whole, with excellent performance indicators and stable cement quality, which has produced huge economic benefits and won high praise from the owners.

In recent years, the domestic situation in Iraq is stable, the market operating environment is good, and the demand for cement is strong. The company closely followed up the owner's demand for increasing production capacity, seized the opportunity, took the initiative to provide the owner with a variety of construction programs, and finally successfully signed the Saman second-line project. The signing of this contract

is a new starting point for further deepening cooperation between the two sides, and also an important symbol of Suzhou Sinoma's consolidation and deep cultivation of the Iraqi market. The Company will, as always, meticulously organize and efficiently perform the contract, create high-quality benchmarking projects, and lay a solid foundation for continuing to forge ahead in Iraq in the future, undertaking more cement projects and production, operation and maintenance projects, and achieving high-quality development.

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The signing of this contract is a new starting point for further deepening cooperation between the two sides, and also an important symbol of Suzhou Sinoma's consolidation and deep cultivation of the Iraqi market. The Company will, as always, meticulously organize and efficiently perform the contract, create high-quality benchmarking projects, and lay a solid foundation for continuing to forge ahead in Iraq in the future, undertaking more cement projects and production, operation and maintenance projects, and achieving high-quality development.

2023-06-03 14:25:03

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.