SEHK:2386Construction
SINOPEC Engineering (Group) (SEHK:2386) Wins Biofuels Design Contract, Is It 21% Undervalued?
SINOPEC Engineering (Group) (SEHK:2386) has been drawn into the spotlight after Allied Biofuels awarded it a front end engineering and design contract, with potential rollover to EPC, for a large bio aviation fuel complex in Uzbekistan.
See our latest analysis for SINOPEC Engineering (Group).
The Allied Biofuels contract lands at a time when SINOPEC Engineering (Group)'s share price has come under pressure, with the stock down 10.69% over the past 30 days and 35.30% year to date. At the same...