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An update from Shenzhen Expressway Co ( (HK:0548) ) is now available.
Shenzhen Expressway Corporation Limited has issued a profit warning, anticipating a significant decline in net profit for the year 2024 compared to 2023. The expected decrease is attributed to reduced investment income from a previous project, adverse weather conditions affecting operations, toll-free periods during holidays, increased maintenance costs, and asset impairments, signaling potential challenges for stakeholders.
More about Shenzhen Expressway Co
Shenzhen Expressway Corporation Limited is a joint stock company incorporated in the People’s Republic of China, operating in the infrastructure industry with a focus on toll road management and related services.
YTD Price Performance: -4.26%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $3.11B
For an in-depth examination of 0548 stock, go to TipRanks’ Stock Analysis page.
