Yuexiu Transport Infrastructure's Profit Slides 26.5% in H1 as Revenue Drops 6%

MT Newswires Live08-06

Yuexiu Transport Infrastructure (HKG:1052) recorded a 26.5% drop in profit attributable to shareholders for the six months ended June 30 to 313.9 million yuan from 427.1 million yuan a year earlier, a Tuesday filing with the Hong Kong exchange said.

Earnings per share slipped to 0.1876 yuan from 0.2553 yuan per share a year prior.

The company's revenue for the six-month period came in at 1.83 billion yuan, down 5.6% from 1.94 billion yuan in the year-ago period. The company attributed the decrease to severe weather conditions and toll-free holidays during the reporting period.

The company has recommended an interim dividend of 0.1097 yuan per share for the period, down from 0.1372 yuan per share last year.

Shares of the company closed 3% lower on Tuesday.

Price (HKD): $3.58, Change: $-0.11, Percent Change: -2.98%

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2457048149?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-06 19:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2457048149","market":"fut","top_or_hot":-1,"title":"Yuexiu Transport Infrastructure's Profit Slides 26.5% in H1 as Revenue Drops 6%","media":"MT Newswires Live","content":"<html><body><p> Yuexiu Transport Infrastructure (HKG:1052) recorded a 26.5% drop in profit attributable to shareholders for the six months ended June 30 to 313.9 million yuan from 427.1 million yuan a year earlier, a Tuesday filing with the Hong Kong exchange said.</p><p>Earnings per share slipped to 0.1876 yuan from 0.2553 yuan per share a year prior.</p><p>The company's revenue for the six-month period came in at 1.83 billion yuan, down 5.6% from 1.94 billion yuan in the year-ago period. The company attributed the decrease to severe weather conditions and toll-free holidays during the reporting period.</p><p>The company has recommended an interim dividend of 0.1097 yuan per share for the period, down from 0.1372 yuan per share last year.</p><p>Shares of the company closed 3% lower on Tuesday.</p><p>Price (HKD): $3.58, Change: $-0.11, Percent Change: -2.98%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yuexiu Transport Infrastructure's Profit Slides 26.5% in H1 as Revenue Drops 6%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYuexiu Transport Infrastructure's Profit Slides 26.5% in H1 as Revenue Drops 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-06 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Yuexiu Transport Infrastructure (HKG:1052) recorded a 26.5% drop in profit attributable to shareholders for the six months ended June 30 to 313.9 million yuan from 427.1 million yuan a year earlier, a...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01052","symbol_name":"越秀交通基建","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2457048149","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2457048149","pubTimestamp":1722944017,"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. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Yuexiu Transport Infrastructure  recorded a 26.5% drop in profit attributable to shareholders for the six months ended June 30 to 313.9 million yuan from 427.1 million yuan a year earlier, a Tuesday filing with the Hong Kong exchange said.Earnings per share slipped to 0.1876 yuan from 0.2553 yuan per share a year prior.The company's revenue for the six-month period came in at 1.83 billion yuan, down 5.6% from 1.94 billion yuan in the year-ago period. The company attributed the decrease to severe weather conditions and toll-free holidays during the reporting period.The company has recommended an interim dividend of 0.1097 yuan per share for the period, down from 0.1372 yuan per share last year.Shares of the company closed 3% lower on Tuesday.Price : $3.58, Change: $-0.11, Percent Change: -2.98%","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"01052":"越秀交通基建"},"translate_title":"越秀交通基建上半年利润下滑26.5%，收入下降6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01052":0.9},"content_text":"Yuexiu Transport Infrastructure (HKG:1052) recorded a 26.5% drop in profit attributable to shareholders for the six months ended June 30 to 313.9 million yuan from 427.1 million yuan a year earlier, a Tuesday filing with the Hong Kong exchange said.Earnings per share slipped to 0.1876 yuan from 0.2553 yuan per share a year prior.The company's revenue for the six-month period came in at 1.83 billion yuan, down 5.6% from 1.94 billion yuan in the year-ago period. The company attributed the decrease to severe weather conditions and toll-free holidays during the reporting period.The company has recommended an interim dividend of 0.1097 yuan per share for the period, down from 0.1372 yuan per share last year.Shares of the company closed 3% lower on Tuesday.Price (HKD): $3.58, Change: $-0.11, Percent Change: -2.98%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2457048149"}