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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.