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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 unaudited operating information for March 2025, highlighting varied year-on-year toll revenue changes across its expressway projects. The GS Superhighway and GZ West Superhighway experienced declines in toll revenue by 8% and 15% respectively, attributed to changes in the surrounding road network. Conversely, the Coastal Expressway (Shenzhen Section) saw an 18% increase in toll revenue, indicating a positive impact from the same changes. These fluctuations reflect the dynamic nature of infrastructure usage and its impact on the company’s financial performance.
More about Shenzhen Investment Holdings Bay Area Development Company
Shenzhen Investment Holdings Bay Area Development Company Limited operates in the infrastructure industry, focusing on the development and management of expressways in the Bay Area of Shenzhen. The company is involved in the operation of major expressways such as the GS Superhighway, GZ West Superhighway, and the Coastal Expressway (Shenzhen Section), which are crucial for regional connectivity and transportation.
YTD Price Performance: 0.45%
Technical Sentiment Signal: Hold
Current Market Cap: $726.9M
See more data about 0737 stock on TipRanks’ Stock Analysis page.