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Guangshen Railway’s Revenue Growth Amid Profit Decline

Guangshen Railway’s Revenue Growth Amid Profit Decline

Guangshen Railway Company (HK:0525) has released an update.

Guangshen Railway Company reported a 4.52% increase in revenues for the third quarter of 2024 compared to the same period last year, reaching ¥7.1 billion. Despite the rise in revenue, net profit attributable to shareholders saw a decline of 13.04% in the quarter. However, from January to September, the company’s net profit grew by 18.67%, reflecting strong overall performance for the year.

For further insights into HK:0525 stock, check out TipRanks’ Stock Analysis page.

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