Anhui Expressway Q3 Profit Up 8%, Revenue Declines 24%

MT Newswires Live10-29

Anhui Expressway (SHA:600012) posted third-quarter attributable net profit of 516.8 million yuan, up 8.2% from 477.6 million yuan the previous year.

Earnings per share rose to 0.3024 yuan from 0.2880 yuan, according to a Wednesday filing with the Shanghai bourse.

The highway operator's operating revenue declined 24% year over year to 1.64 billion yuan from 2.15 billion yuan.

Shares of Anhui Expressway rose 1% Wednesday.

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