Road King Infrastructure ( (HK:1098) ) has provided an update.
Road King Infrastructure Limited reported unaudited operating statistics for the year ending December 31, 2024, showing a significant decline in total property sales to RMB12,462 million, a 55% drop from the previous year. This decline is attributed to the disposal of four expressways in Mainland China, which also impacted toll revenue, although Indonesian toll revenue saw a 6% increase. The figures are preliminary and may differ in the future, highlighting the need for cautious consideration by investors.
More about Road King Infrastructure
Road King Infrastructure Limited is a company incorporated in Bermuda with a focus on infrastructure development, particularly in expressway projects. The company operates through its subsidiaries, joint ventures, and associates, engaging in property sales and toll revenue generation, with notable operations in Mainland China and Indonesia.
YTD Price Performance: -27.37%
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $97.29M
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