Shenzhen Expressway 2024 Profit Falls 51%; Shares Down 5%

MT Newswires Live

2025/03/24

Shenzhen Expressway (SHA:600548, HKG:0548) posted 2024 net profit attributable to shareholders of 1.15 billion yuan, down 51% from 2.02 billion yuan from the previous year.

Diluted earnings per share fell 55% to 0.441 yuan from 0.982 yuan, according to a March 21 filing with the Shanghai bourse.

The toll road operator's revenue inched down to 9.25 billion yuan from 9.30 billion yuan.

Shenzhen Expressway declared a final cash dividend of 0.244 per share.

Shares of the company were down 5% in recent trade on the Shanghai bourse.

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