Canggangrailway (02169) announced its mid-term performance in 2024, with revenue of approximately 0.132 billion yuan, a year-on-year decrease of 25.9%.
Announcement stated that the company's total transportation of goods during the reporting period decreased by 16.6% to 6.9 million tons, with the main reason being the sluggish market. Auxiliary service income decreased by 42.3% compared to the same period in 2023, mainly due to a decrease in the company's core railroad cargo transportation volume leading to a decline in loading and unloading services and a decrease in construction services.
Smart Finance App news: Canggangrailway (02169) announced its mid-term performance in 2024, with revenue of approximately 0.132 billion yuan, a year-on-year decrease of 25.92%. The company's equity shareholders accounted for a surplus of 26.351 million yuan, a year-on-year decrease of 15.39%. Earnings per share were 0.03 yuan.
