Guangshen Railway Posts Marginally Higher 2024 Profit; Shares Slide

MT Newswires Live
28 Mar

Guangshen Railway (HKG:0525, SHA:601333) reported a 0.18% increase in net profit attributable to shareholders for 2024 to 1.06 billion yuan from 1.058 billion yuan, according to a Thursday filing with the Hong Kong bourse.

Earnings per share were 0.1497 yuan, up 0.20% from 0.1494 yuan a year ago.

Revenue rose 3.42% to 27.09 billion yuan from 26.19 billion yuan the previous year.

The board proposed a final cash dividend of 0.07 yuan per share.

The company's shares were down 5% at the Hong Kong bourse and 4% down at the Shanghai bourse in recent trading.

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