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Daqin Railway 2024/10 Daqin Line Production and Operation Data Briefing
Daqin Railway (601006.SH): The transportation volume of Daqin Line in October reached 34.11 million tons, a decrease of 2.1% year-on-year.
Daqin Railway (601006.SH) announced in October 2024 that the company's core operation assets, the Daqin Line freight...
daqin railway (601006.SH): From January to October, the total cargo transportation volume of the Daqin line reached 320.55 million tons, a decrease of 8.43% year-on-year.
On November 8, GeLongHui reported that in October 2024, Daqin Railway (601006.SH) announced that the company's core operating assets, the Daqin line, completed transportation of 34.11 million tons, a decrease of 2.10% year-on-year. The average daily volume is 1.1003 million tons. The Daqin line operates heavy trains with an average of 73.3 trains per day, including: 55.6 trains with a total weight of 0.02 million tons per day. From January to October 2024, the Daqin line accumulated a total transportation volume of 320.55 million tons, a decrease of 8.43% year-on-year.
Weak Statutory Earnings May Not Tell The Whole Story For Daqin Railway (SHSE:601006)
Daqin Railway Report for the Third Quarter of 2024
Daqin Railway (601006.SH): The net income for the first three quarters was 8.603 billion yuan, a decrease of 22.57% year-on-year.
Daqin Railway (601006.SH) announced on October 29th that it achieved revenue of 55.214 billion yuan, a year-on-year decrease of 9.18%, and a net income attributable to the parent company of 8.603 billion yuan, a year-on-year decrease of 22.57% in the first three quarters. In the third quarter, revenue reached 18.608 billion yuan, a decrease of 8.59% year-on-year, and net income was 2.74 billion yuan, a decrease of 23.34% year-on-year. The decrease in revenue and net income is mainly due to a reduction in transportation revenue received in cash in the current period and a decrease in net income.
Daqin Railway (SHSE:601006) Could Be Struggling To Allocate CapitalNo Data
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