China Railway Construction H1 Profit Slips 13%, Operating Income Down 5%

MT Newswires Live09-02

China Railway Construction (SHA:601186, HKG:1186) posted first-half net profit attributable to shareholders of 11.9 million yuan, or 0.79 yuan per share, down 13% from 13.6 million yuan, or 0.91 yuan per share, the previous year.

The railway operator's operating income was down 5% year over year to 516.1 million yuan from 541.1 million yuan, according to a filing with the Shanghai bourse.

Hong Kong shares of China Railway Construction fell 7% in recent trade, while its Shanghai shares dropped over 6%.

Price (HKD): $7.36, Change: $-0.50, Percent Change: -6.36%

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