Golik and Daido Concrete Q1 orders falls 50% vs the same period of last year

Golik Holdings (1118) and Pang Tak Chung, chairman of Daido Concrete (H.K.) (0544), said after the board meeting that as the government reduced building public-hold buildings, the building materials orders of the company from the government dropped by 80% vs the booming period, and the whole building materials orders in the first quarter this year reduced 50% compared with the same period of last year. He added the group would try to sell the building materials to private buildings contractors and to export the building

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