Zhejiang Expressway: Board Doesn't Recommend Payment of Interim Dividend for 2024 >0576.HK
Zhejiang Expressway 1H Rev CNY8.37B Vs. CNY8.25B >0576.HK
Zhejiang Expressway 1H Net CNY2.68B Vs. Net CNY2.56B >0576.HK
2024 Interim Report
Zhejiang Expressway Logs 5% Higher Profit in H1
zhejiangexpress: Zheshang Securities' net income attributable to the parent company in the first half of the year was 0.784 billion yuan, a year-on-year decrease of 13.94%.
Zhejiangexpress (00576) announced the semi-annual performance of Zheshang Securities (601878.SH) as of June 30, 2024. The Group achieved a revenue of 8 billion yuan (RMB, the same below), a decrease of 5.39% year-on-year; a net income attributable to the parent company of 0.784 billion yuan, a decrease of 13.94% year-on-year; and a basic earnings per share of 0.2 yuan.
zhejiangexpress (00576): zheshang(601878.SH)'s net income attributable to the parent company in the first half of the year was 0.784 billion yuan, a decrease of 13.94% year-on-year.
zhejiangexpress(00576) announced the latest as of June 30, 2024 for zheshang Securities (601878.SH)...
Zhejiangexpress (00576.HK): The net profit in the first half of the year was 2.68 billion yuan, a year-on-year increase of 4.7%.
Zhejiang Express (00576.HK) announced on August 23 that for the six months ended June 30, 2024, the Group's revenue increased by 1.4% compared to the same period in 2023, reaching RMB 8.368 billion; the attributable surplus to owners of the company was RMB 2.68 billion, an increase of 4.7% year-on-year; basic earnings per share were 44.72 fen, a decrease of 20.4% year-on-year, and diluted earnings per share were 44.04 fen, a decrease of 18.4% year-on-year.
Express News | Zhejiang Expressway - Hy Profit Attributable RMB2,680.01 Mln
2024 Interim Results Announcement
ZHEJIANGEXPRESS: Key Financial Information and Indicators of Zheshang Securities Co., Ltd. for the Half Year Ended June 30, 2024
Zhejiangexpress (00576) has respectively signed construction contracts and civil construction contracts for the construction of buildings on the Zhejiang Jinhua Yongjin expressway.
Zhejiangexpress (00576) issued an announcement that on August 9, 2024, the project company, its subsidiary of Zhejiang Jinhua...
Zhejiangexpress (00576.HK) will hold a board of directors meeting on August 23 to approve its interim performance.
Zhejiangexpress (00576.HK) announced on August 9th that the company will hold a board of directors meeting on August 23, 2024 to review and approve the mid-term performance of the company and its subsidiaries for the six months ending on June 30, 2024.
ZHEJIANGEXPRESS: Date of Board Meeting
Haitong SEC: From January to July, fixed asset investment in railways increased by 10.5% year-on-year, and orders for rail transit equipment were intensively landed.
From January to July, China's railroad assets investment increased by 10.5% year-on-year.
Zhejiang Expressway to Manage Multiple Expressways, Channels for 18 Million Yuan per Annum
Zhejiang Express (00576.HK) has entered into entrusted management agreements with several subsidiaries and affiliates of Transportation Group.
On August 6, 2024, Zhejiangexpress (00576.HK) announced that the company had signed a commission management agreement with several subsidiaries and affiliated companies of Transportation Group. As a result, Shen Su Zhe Wan branch, Ningbo Yong Tai Wen company, Jia Xiao company, San Tong Dao Nan Jie Xian company, Hang Xuan company and Northward Great Channel company all entrusted the company to operate and manage (i) Shen Su Zhe Wan Expressway; (ii) Ningbo Phase II of Yong Tai Wen Expressway; (iii) Qianjiang Passage Northward connecting line; (iv) Qianjiang Passage Southward connecting line; (v) Linjian Expressway; and (vi) Zhoushan Northward Great Channel.
ZHEJIANGEXPRESS: Overseas Regulatory Announcement
Hong Kong Stock Concept Tracking | Deepening reform promotes optimization of toll road policies, and the deadline for toll road fees is expected to break through. (Attached concept stocks)
The revised Regulations on the Management of Infrastructure and Public Utility Franchise will be implemented from May 1st.
CITIC SEC: Railway reform is expected to accelerate and improve sector valuation. Market-oriented competition may increase profits.
The domestic policy top-level design, the reform of the railroad system is expected to accelerate, and the marketization of competitive links is expected to enhance the profit-making ability of railroad operation companies.
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