Canggang Railway Ltd. Reports Stable Revenue at RMB131.7 Million for H1 2025, Down Slightly from RMB132.1 Million in H1 2024

Reuters

Sep 25, 2025

Canggang Railway Ltd. Reports Stable Revenue at RMB131.7 Million for H1 2025, Down Slightly from RMB132.1 Million in H1 2024

Canggang Railway Ltd. reported revenue of RMB131.7 million for the six months ended 30 June 2025, compared to RMB132.1 million in the same period of 2024. The company's core rail freight transportation segment contributed RMB112.1 million, representing 85.1% of total revenue, a decrease from RMB112.7 million in the prior-year period, primarily due to a decline in transported building materials. Ancillary business revenue increased to RMB19.6 million from RMB19.3 million, mainly driven by growth in loading and unloading operations. Operating expenses decreased by 2.8% during the reporting period. The company highlighted continued efforts to enhance the infrastructure of its Canggang Railway Line, aimed at improving safety and increasing overall capacity. No outlook or guidance for future periods was included in the report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canggang Railway Ltd. published the original content used to generate this news brief on September 25, 2025, and is solely responsible for the information contained therein.

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.

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Reports Stable Revenue at RMB131.7 Million for H1 2025, Down Slightly from RMB132.1 Million in H1 2024","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Canggang Railway Ltd. Reports Stable Revenue at RMB131.7 Million for H1 2025, Down Slightly from RMB132.1 Million in H1 2024\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Canggang Railway Ltd. reported revenue of RMB131.7 million for the six months ended 30 June 2025, compared to RMB132.1 million in the same period of 2024. The company's core rail freight transportation segment contributed RMB112.1 million, representing 85.1% of total revenue, a decrease from RMB112.7 million in the prior-year period, primarily due to a decline in transported building materials. 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Reports Stable Revenue at RMB131.7 Million for H1 2025, Down Slightly from RMB132.1 Million in H1 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-25 18:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Canggang Railway Ltd. Reports Stable Revenue at RMB131.7 Million for H1 2025, Down Slightly from RMB132.1 Million in H1 2024\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Canggang Railway Ltd. reported revenue of RMB131.7 million for the six months ended 30 June 2025, compared to RMB132.1 million in the same period of 2024. The company's core rail freight transportation segment contributed RMB112.1 million, representing 85.1% of total revenue, a decrease from RMB112.7 million in the prior-year period, primarily due to a decline in transported building materials. Ancillary business revenue increased to RMB19.6 million from RMB19.3 million, mainly driven by growth in loading and unloading operations. Operating expenses decreased by 2.8% during the reporting period. 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