Guangshen Railway's Q3 Profit Drops 13%; Revenue Up 4.5%

MT Newswires Live
2024-11-01

Guangshen Railway (HKG:0525, SHA:601333) booked a net profit attributable to shareholders of 296.9 million yuan in the third quarter of the year, down 13.04% from 341.5 million yuan a year earlier, according to a Thursday disclosure with the Hong Kong stock exchange.

Earnings per share decreased year-on-year to 0.042 yuan for the three months ended Sept. 30, from 0.048 yuan a year ago.

The Chinese railway enterprise posted a revenue from operation of 7.11 billion yuan for the reporting period, up 4.52% from 6.80 billion yuan in the previous year.

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