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China Railway Group Reports Decline in 2024 Financial Results

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China Railway Group Reports Decline in 2024 Financial Results

China Railway Group ( (HK:0390) ) has shared an announcement.

China Railway Group Limited announced its audited consolidated results for the year ending December 31, 2024, reporting a decline in revenue and profit across various segments. The company’s total revenue decreased by 8.2% compared to the previous year, with significant drops in infrastructure construction and other business revenues. This financial performance reflects challenges in the market, potentially impacting the company’s operations and stakeholder interests.

More about China Railway Group

China Railway Group Limited operates in the infrastructure construction industry, offering services in infrastructure construction, survey, design and consulting, engineering equipment and component manufacturing, and property development. The company is listed on the Shanghai Stock Exchange and The Stock Exchange of Hong Kong Limited, focusing on large-scale infrastructure projects across China.

YTD Price Performance: -1.37%

Average Trading Volume: 12,878

Technical Sentiment Signal: Buy

Current Market Cap: $18.66B

For an in-depth examination of 0390 stock, go to TipRanks’ Stock Analysis page.

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