Qilu Expressway Co., Ltd. Class H ( (HK:1576) ) has issued an announcement.
Qilu Expressway Co., Ltd. announced its 2024 annual results, reporting a significant revenue increase of approximately 25.19% to RMB7,021,823 thousand. However, the profit attributable to owners decreased by 7.74% to RMB484,586 thousand, with earnings per share at RMB0.23. The company proposed a final dividend of RMB0.1 per share. The results indicate a strong revenue performance but a decline in profitability, impacting stakeholders’ returns.
More about Qilu Expressway Co., Ltd. Class H
Qilu Expressway Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the infrastructure and expressway management industry. The company focuses on the development, operation, and management of expressways, providing essential transportation services across key routes.
YTD Price Performance: 4.35%
Average Trading Volume: 87,806
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$4.8B
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