Zhejiang Expressway's Profit Falls in Q1; Shares Slip 4%
MT Newswires Live
May 04
Zhejiang Expressway (HKG:0576) posted profit attributable to owners of the company of 1.31 billion yuan for the first quarter, down from 1.48 billion yuan a year earlier, according to an April 30 Hong Kong bourse filing.
Shares of the road constructor and maintenance firm were down nearly 4% in Monday's midday trade.
Earnings per share came in at 0.2183 yuan from 0.2468 yuan a year earlier.
Revenue rose to 5.32 billion yuan from 4.36 billion yuan in the prior-year period.
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