Beijing-Shanghai High-Speed Railway H1 Profit Up 24%, Operating Income Rises 8%

MT Newswires Live
02 Sep 2024

Beijing-Shanghai High-Speed Railway (SHA:601816) posted first-half net profit attributable to shareholders of 6.36 billion yuan, or 0.1295 yuan per share, up 24% from 5.14 billion yuan, or 0.1046 yuan per share, the previous year.

The railway operator's operating income climbed 8% year over year to 20.86 billion yuan from 19.28 billion yuan, according to a filing with the Shanghai Stock Exchange.

Shares of Beijing-Shanghai High-Speed Railway declined more than 1% in recent trade.

Price (RMB): ¥5.34, Change: ¥-0.090, Percent Change: -1.66%

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