Shenzhen Expressway's H1 Attributable Profit Slides 17% as Revenue Falls 9%

MT Newswires Live08-27

Shenzhen Expressway's (HKG:0548) attributable profit fell 17% to 773.9 million yuan in the first half of the year from 929.3 million yuan in the year-ago period, according to a Friday filing with the Hong Kong Stock Exchange.

Earnings per share at the toll road operator decreased 19% to 0.312 yuan from 0.384 yuan in the previous year.

Revenue declined 8.9% to 3.76 billion yuan from 4.12 billion yuan a year earlier.

Price (HKD): $6.95, Change: $+0.04, Percent Change: +0.58%

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