Summary by Moomoo AI
Shenzhen International Holdings Limited (Shenzhen International) has released the preliminary announcement of its 2024 interim performance. The announcement shows that, compared with the same period in 2023, the company's revenue in the first half of 2024 decreased by 8.92%, and the net profit attributable to shareholders decreased by 16.72%. The decrease in revenue and profit is mainly due to the reduction in revenue from toll road operation, franchise operation construction services, and entrusted construction services. The company's financial strategy is to maintain a reasonable capital structure and improve profitability in order to maintain a good credit rating and financial health. The company's revenue mainly comes from toll road services, eco-friendly and construction services. In addition, the company assesses lease contracts and...Show More