Yuexiu Transport Infrastructure (HK:1052) has released an update.
Yuexiu Transport Infrastructure reported mixed results for July 2024, with most projects seeing a month-on-month increase in toll traffic volume and revenue, but a year-on-year decrease due to a higher base in the previous year. Factors influencing these figures include new expressways impacting traffic on existing routes and a decrease in truck travel frequency leading to significant revenue drops on certain expressways. These fluctuations are attributed to changes in public travel behavior, new competition from other expressways, and varying toll rates between vehicle types.
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