China Railway Group (HKG:0390) total value of new contracts decreased by nearly 10% year-on-year, amounting to 56 billion yuan in the first three months of 2025.
During the quarter, engineering construction contracts reached 42.1 billion yuan, a 10% decrease from a year earlier.
Asset operation contracts saw an increase of 124%, reaching 2.7 billion yuan.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.