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Shenzhen Investment Holdings Bay Area Development Company ( (HK:0737) ) has shared an announcement.
Shenzhen Investment Holdings Bay Area Development Company Limited reported its unaudited financial results for the first quarter of 2025. The company experienced a decline in toll revenue for the GS Superhighway and GZ West Superhighway due to new competing routes, while the Coastal Expressway saw a significant increase in toll revenue attributed to new infrastructure developments. Additionally, the company achieved contract sales of approximately RMB274 million in its Grand Park City project, reflecting a robust real estate market performance.
More about Shenzhen Investment Holdings Bay Area Development Company
Shenzhen Investment Holdings Bay Area Development Company Limited is a company incorporated in the Cayman Islands with limited liability, focusing on infrastructure development in the Bay Area. It operates major expressways including the GS Superhighway, GZ West Superhighway, and the Coastal Expressway (Shenzhen Section), playing a significant role in regional transportation.
YTD Price Performance: 0.45%
Technical Sentiment Signal: Hold
Current Market Cap: $726.9M
For an in-depth examination of 0737 stock, go to TipRanks’ Stock Analysis page.