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The latest announcement is out from Shenzhen Investment Holdings Bay Area Development Company ( (HK:0737) ).
The company reported its unaudited operating figures for December 2024, revealing varied changes in toll revenues across its major expressways. The GS Superhighway and GZ West Superhighway experienced declines in toll revenue by 3% and 9%, respectively, attributed to changes in the surrounding road network. In contrast, the Coastal Expressway saw a 33% increase in revenue, indicating a significant shift in traffic patterns. These variations highlight the impact of infrastructure developments on traffic flow and revenue generation, underlining the dynamic nature of the transportation sector.
More about Shenzhen Investment Holdings Bay Area Development Company
Shenzhen Investment Holdings Bay Area Development Company Limited is involved in the infrastructure industry, focusing on the operation of expressways in the Bay Area. The company manages key toll roads, including the GS Superhighway, GZ West Superhighway, and the Coastal Expressway, and aims at enhancing connectivity and transportation efficiency in the region.
YTD Price Performance: 0.45%
Average Trading Volume: 200
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $728M
Find detailed analytics on 0737 stock on TipRanks’ Stock Analysis page.
