Shenzhen Expressway Shares Climb Nearly 4% in Morning Trade as Q3 Net Profit Attributable to Shareholders Jumps 24%

Deep News
10/29

Shares of Shenzhen Expressway (00548) rose in both A-share and H-share trading, with the stock price up 3.98% as of press time, quoted at HK$6.53, with a turnover of HK$3.1317 million.

Shenzhen Expressway released its 2026 third-quarter report last night. In the first three quarters, the company achieved operating revenue of RMB 5.776 billion, down 4.52% year-on-year, while net profit attributable to shareholders reached RMB 1.552 billion, up 5.54% year-on-year.

In the third quarter alone, the company recorded operating revenue of RMB 2.124 billion, down 0.35% year-on-year, while single-quarter net profit attributable to shareholders was RMB 633 million, up 24.00% year-on-year.

During the first three quarters, toll revenue from the company's major road sections remained generally stable. Benefiting from the continued improvement of the regional road network and travel demand along the routes, the average daily toll revenue growth of the group's controlled Yanjiang project, Waihuan project, and Qinglian Expressway ranged between 4.1% and 8.5%.

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