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Shenzhen Investment Holdings Bay Area Development Company ( (HK:0737) ) has issued an update.
Shenzhen Investment Holdings Bay Area Development Company Limited reported its interim results for the first half of 2025, highlighting significant developments in both its expressway operations and real estate ventures. The company saw a substantial increase in toll revenue from the Coastal Expressway due to new openings and adjustments, while facing challenges on other expressways due to network changes. The Grand Park City project contributed RMB703 million in contract sales. Despite a 3% decrease in profit attributable to shareholders, the company maintained a 100% payout ratio for its interim dividend, reflecting its commitment to returning value to shareholders.
More about Shenzhen Investment Holdings Bay Area Development Company
Shenzhen Investment Holdings Bay Area Development Company Limited operates in the infrastructure and real estate sectors, focusing on the development and management of expressways and property projects in the Greater Bay Area of China. The company is involved in the operation of major expressways such as the GS Superhighway, GZ West Superhighway, and the Coastal Expressway (Shenzhen Section), as well as real estate projects like Grand Park City.
Average Trading Volume: 162,353
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.73B
For an in-depth examination of 0737 stock, go to TipRanks’ Overview page.