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Jiu Shun Construction Expects Strong H2 Performance Driven by Three Major Projects
Industrial Services · Engineering & Construction · economic_daily · 2026-08-24
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Jiu Shun Construction is set to see revenue and margins rise in the second half of the year, supported by the commencement of three major projects including a transit-oriented development and urban renewal.
What Happened
Operational Outlook: Jiu Shun Construction announced that three major projects will bolster its operational base in the second half of the year. With construction peaking starting in Q3, the company expects both revenue and gross margins to trend upward.
Key Projects: The Taichung MRT joint development project officially broke ground on August 7th. Additionally, the Taoyuan A21 social housing turnkey project has completed the design phase and is expected to begin contributing to revenue by the end of this year.
Urban Renewal: The Beitou Daye urban renewal project has completed demolition and is preparing for construction. Revenue recognition for this project is expected to begin in the first half of 2027, marking a milestone for the company's "full-service management" business model.
Growth Momentum: These three major projects demonstrate Jiu Shun's robust business expansion capabilities. The company remains focused on operational efficiency to ensure these projects contribute to profitability and provide a solid foundation for future performance.