Moody's: China State Construction Engineering's 2016 results credit negative, due to higher debt leverage
Announcement: Moody's: China State Construction Engineering's 2016 results credit negative, due to higher debt leverage. Global Credit Research- 20 Apr 2017. Hong Kong, April 20, 2017-- Moody's Investors Service says that China State Construction Engineering Corp Ltd's 2016 results were credit negative, due to its increased debt leverage, which was partly mitigated by the company's strong order book, improved cash flows and ample cash balance.
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