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China High-Speed Railway Technology to Transfer Rail Transit Units' Equities for Free
Shenzhou High Speed Rail: 2024 performance forecast
China High Speed Railway Technology (000008.SZ): Expected loss of 0.5 billion to -0.65 billion yuan for the year 2024.
Gelonghui, January 17 - China High Speed Railway Technology (000008.SZ) announced the performance forecast for 2024. The net income attributable to shareholders of the listed company is expected to be a loss of 0.5 billion yuan to 0.65 billion yuan, compared to a loss of 0.828 billion yuan in the same period last year; the net income excluding non-recurring gains and losses is expected to be a loss of 0.65 billion yuan to 0.8 billion yuan, compared to a loss of 0.842 billion yuan in the same period last year; the basic EPS is expected to be a loss of 0.1841 yuan/share to 0.2393 yuan/share. In 2024, the company will further focus on its primary responsibilities and main business, continuously enhance the market competitiveness of its core business and products, implement comprehensive budget management, and continue to strengthen.
China High-Speed Railway Technology (SZSE:000008 Shareholders Incur Further Losses as Stock Declines 9.0% This Week, Taking Five-year Losses to 29%
Encourage social capital to participate in Railroads construction and Operation. The Railroads Industry is expected to welcome a high prosperity cycle.
① The General Office of the Communist Party of China and the General Office of the State Council issued an opinion on accelerating the construction of a unified and open Transportation market. It mentions encouraging and guiding social capital to legally and properly participate in Railroads construction and Operation; ② Southwest Securities Research Reports point out that with the accelerated replacement of equipment, increased maintenance of high-speed trains, and improvement in the bidding and delivery of new locomotives, Railroads equipment is experiencing a new prosperity cycle.
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