Chengdu Expressway's 2024 Profit Slides 16% on Flat Revenue

MT Newswires Live
03-27

Chengdu Expressway's (HKG:1785) attributable profit fell 16% to 519.5 million yuan in 2024 from 618.8 million yuan in 2023, according to a Wednesday filing with the Hong Kong bourse.

Earnings per share at the expressway operator decreased 16% to 0.31 yuan from 0.37 yuan in the previous year.

Revenue grew 0.7% to 2.92 billion yuan from 2.89 billion yuan a year earlier.

The company declared a final dividend of 0.101 yuan per share, payable July 15 to shareholders on record as of May 23.

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