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[Brokerage Focus] Dongxing maintains a "strongly recommended" rating for YUEXIUTRANSPORT (01052), indicating that negative factors have basically been fully reflected and performance is expected to gradually recover.
Jinwu Financial News | Dongxing's Research Reports indicate that YUEXIUTRANSPORT (01052) released its 2024 annual report, achieving revenue of 3.87 billion yuan for the year, a year-on-year decrease of 2.5%. Of this, toll revenue was 3.79 billion yuan, down 1.4% year-on-year. The Net income attributable to the parent company was 0.657 billion yuan, a decrease of 14.2% year-on-year, with the company's performance meeting expectations. The institution stated that the company's cost of goods sold for 2024 totaled 2.01 billion yuan, an increase of 11.5% year-on-year, with the amortization of intangible operating rights amounting to 1.51 billion, a year-on-year increase of 18.5%, which is the main reason for the rise in costs. In the second half of the year, the company's amortization of intangible operating rights was 0.81 billion.
Yuexiu Transport Infrastructure: 2024 Earnings and Outlook
Announcement highlights | AIA's new business value for the year 2024 increased by 18% year-on-year to 4.712 billion USD, proposing a final dividend of 130.98 Hong Kong cents per share; Weibo's net profit for the fiscal year 2024 decreased by 12.2% year-on
BOC AVIATION's Net income for 2024 increased by about 20%; YUEXIUTRANSPORT's revenue declined year-on-year last year.
YUEXIUTRANSPORT (01052) will distribute a final dividend of HKD 0.13 per share on June 30.
YUEXIUTRANSPORT (01052) announced that the company will distribute the final dividend of... per share on June 30, 2025.
YUEXIUTRANSPORT (01052) announced its 2024 performance, with a profit attributable to Shareholders of 0.657 billion yuan, a year-on-year decrease of 14.2%.
YUEXIUTRANSPORT (01052) announced its 2024 performance, achieving revenue of 3.867 billion yuan, a year-on-year decline...
Express News | Yuexiu Transport Infrastructure - 2024 Revenue of RMB3,867 Mln