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The latest announcement is out from Yuexiu Transport Infrastructure ( (HK:1052) ).
In November 2024, Yuexiu Transport Infrastructure reported mixed results in toll traffic volume and revenue across its projects. While most projects experienced month-on-month increases in traffic and revenue due to additional toll days, impacts from new competing expressways and infrastructure developments such as the Conghua-Huangpu and Wuhan-Yangxin Expressways led to significant traffic diversions. This resulted in varying year-on-year performance, with some projects like the GNSR Expressway experiencing increased traffic but decreased revenue due to shortened driving routes. The company is actively monitoring these changes to better understand their effects on future operations and strategic positioning.
More about Yuexiu Transport Infrastructure
Yuexiu Transport Infrastructure is a company involved in the management and operation of expressways and bridges, focusing on toll revenue from vehicles using these infrastructures. The company operates several expressways and bridges, primarily in China, and is positioned to manage traffic flow and revenue from passenger and freight vehicles.
YTD Price Performance: -4.49%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $783.9M
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