Anhui Expressway Reports 20% Drop in Q3 Profit; Shares Down 4%

MT Newswires Live

Oct 29, 2024

Anhui Expressway (HKG:0995. SHA:600012) reported a net profit attributable to shareholders of 411.2 million yuan for the quarter ended Sept. 30, a decrease of 19.57% compared with the prior-year period, according to a quarterly report filed Monday with the Shanghai Stock Exchange.

Earnings per share were 0.2479 yuan, down 19.57% from a year earlier.

The company's operating revenue declined 1.47% year on year to 1.99 billion yuan.

The construction management company's shares were down 4% in recent trading.

Price (HKD): $8.76, Change: $-0.41, Percent Change: -4.47%

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