Shenzhen Investment Holdings Bay Area Development Company (HK:0737) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Shenzhen Investment Holdings Bay Area Development Company Limited reported varying performance across their toll operations in August 2024, with the Coastal Expressway (Shenzhen Section) experiencing a 23% increase in both monthly and daily toll revenues, while GS and GZ West Superhighways saw declines of 4% and 9%, respectively. These changes were attributed to weather conditions and recent infrastructure developments including the opening of the Shenzhen-Zhongshan Link. The company cautions that the provided operational statistics are unaudited and provisional, and should be used by investors with care.
For further insights into HK:0737 stock, check out TipRanks’ Stock Analysis page.
