Summary by Moomoo AI
China Railway achieved a new contract amount of 1078.5 billion yuan in the first half of 2024, a year-on-year decrease of 15.3%. Among them, the new contract amount for domestic business was 996.12 billion yuan, a year-on-year decrease of 16.2%; the new contract amount for overseas business was 82.38 billion yuan, a year-on-year decrease of 2.3%. The remaining contract amount was 6222.87 billion yuan, an increase of 5.9% from the end of 2023. In the first half of 2024, the company's revenue was 544.522 billion yuan, a decrease of 7.8% compared to the same period in 2023. The gross margin was 8.6%, basically the same as the same period last year. Net profit was 14.279 billion yuan, a year-on-year decrease of 12.1%. Basic earnings per share were 0.532 yuan...Show More
