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The Returns On Capital At Jiangsu Expressway (HKG:177) Don't Inspire Confidence
JIANGSU EXPRESS (00177.HK) plans to hold a Board of Directors meeting on April 28 to approve first-quarter performance.
On March 27, 2023, Gelonghui announced that Jiangsu Express (00177.HK) is scheduled to hold a Board of Directors meeting on Monday, April 28, 2025, at 9:30 AM in the company's conference room located at 6 Xianlin Avenue, Qixia District, Nanjing, Jiangsu Province, to approve the company's first quarter performance report for the three months ending March 31, 2025, and address other related matters.
JIANGSU EXPRESS: NOTIFICATION OF BOARD MEETING
Jiangsu Expressway's 2024 Profit Rises 12%; Shares Jump 5%
JIANGSU EXPRESS published its annual performance with a Net income of 4.947 billion yuan, a year-on-year increase of 12.09%.
Jiangsu Expressway (00177) announced its annual performance for 2024, with revenue of 23.198 billion yuan (RMB, same below), an increase of 52.7% year-on-year; Net income attributable to shareholders of 4.947 billion yuan, an increase of 12.09% year-on-year; EPS of 0.9819 yuan; proposed final dividend of 0.49 yuan per share. The announcement stated that the increase in revenue year-on-year is mainly due to the increase in construction revenue, excluding construction revenue, the accumulated revenue is approximately 12.332 billion yuan, a decrease of about 2.86% compared to the same period last year, mainly due to the reduction in supplementary business revenue and real estate sales revenue.
JIANGSU EXPRESS (00177) intends to reappoint KPMG Huazhen as the auditor for the 2025 financial report and internal control matters.
JIANGSU EXPRESS (00177) issued a notice that the company will hold its tenth meeting on March 26, 2025...