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Zhejiang Expressway Co. Reports 2024 Financial Results with Increased Revenue and Profit

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Zhejiang Expressway Co. Reports 2024 Financial Results with Increased Revenue and Profit

The latest announcement is out from Zhejiang Expressway Co ( (HK:0576) ).

Zhejiang Expressway Co., Ltd. reported its audited consolidated results for the year ending December 31, 2024, showing a revenue increase of 6.5% to Rmb18,064.82 million and a profit attributable to owners of Rmb5,501.59 million, up 5.3% from the previous year. The company recommended a dividend of Rmb38.5 cents per share, pending shareholder approval at the 2024 annual general meeting. These results reflect the company’s continued growth and stable financial performance, which may positively impact its market position and provide value to its stakeholders.

More about Zhejiang Expressway Co

Zhejiang Expressway Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the transportation infrastructure sector, primarily focusing on the construction, operation, and management of expressways. It is listed on the Hong Kong Stock Exchange under the stock code 0576.

Technical Sentiment Signal: Sell

Current Market Cap: HK$26.28B

For detailed information about 0576 stock, go to TipRanks’ Stock Analysis page.

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