Yuexiutransport (01052) rebounded nearly 4%, and as of press time, it has risen 3.87% to HKD 3.49 with a turnover of HKD 6.1946 million.
According to the Wisdom Financial News APP, Yuexiutransport (01052) rebounded nearly 4%, and as of press time, it has risen 3.87% to HKD 3.49 with a turnover of HKD 6.1946 million.
On the news front, Yuexiutransport recently released its interim performance, with revenue of RMB 1.827 billion, a year-on-year decrease of 5.61%; shareholders' net profit attributable to the company was RMB 0.314 billion, a year-on-year decrease of 26.5%; basic earnings per share was RMB 0.1876; and a mid-year dividend of HKD 0.12 per share was proposed.
Dongxing Securities believes that due to the diversion of the road network and extreme weather, the company's income in the first half of the year was slightly lower than expected. However, overall, the change in the road network in the second half of the year is more bullish than bearish for the company, and it is expected that the company's performance in the second half of the year will be better than that in the first half of the year. The bank is optimistic about the company's continuous growth in performance and the prospect of the expansion and reconstruction of the North Second Ring Expressway in Guangzhou, and maintains a "strong recommendation" rating for the company.