China Railway Group's H1 Profit Down 17%, Revenue Declines 6%

MT Newswires Live

Sep 01

China Railway Group (SHA:601390, HKG:0390) posted first-half attributable net profit of 11.8 billion yuan, down 17% from 14.3 billion yuan the previous year.

Earnings per share slid to 0.412 yuan from 0.532 yuan, according to a filing with the Shanghai bourse. The recent figure was below Visible Alpha estimates of 0.46 yuan.

The infrastructure construction company's operating revenue declined 5.9% year over year to 511.1 billion yuan from 543.3 billion yuan. Analysts surveyed by Visible Alpha predicted a revenue of 523.7 billion yuan.

Shares of China Railway Group were down 1% in recent trade on the Shanghai and Hong Kong bourses.

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The recent figure was below Visible Alpha estimates of 0.46 yuan.</p><p>The infrastructure construction company's operating revenue declined 5.9% year over year to 511.1 billion yuan from 543.3 billion yuan. Analysts surveyed by Visible Alpha predicted a revenue of 523.7 billion yuan.</p><p>Shares of <a href=\"https://laohu8.com/S/000927\">China Railway</a> Group were down 1% in recent trade on the Shanghai and Hong Kong bourses.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"601390","symbol_name":"中国中铁","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2564640658","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564640658","pubTimestamp":1756694377,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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