Shenzhen Investment Holdings Bay Area Development Company (HK:0737) has released an update.
Shenzhen Investment Holdings Bay Area Development Company Limited reported a decline in May 2024 toll revenues for GS Superhighway and GZ West Superhighway by 8%, while the Coastal Expressway in Shenzhen saw a slight increase of 2% compared to the previous year. This variation is largely attributed to the different scheduling of a toll-free policy during the Labour Day holiday. The company reminds investors that these are unaudited provisional statistics intended for reference only, and cautions against relying heavily on them.
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