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Sichuan Expressway Co. Reports Increased Profits Despite Revenue Decline in 2024

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Sichuan Expressway Co. Reports Increased Profits Despite Revenue Decline in 2024

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Sichuan Expressway Co ( (HK:0107) ) has provided an announcement.

Sichuan Expressway Co. reported its 2024 annual results, highlighting a decrease in net revenue by approximately 11.51% to RMB10.25 billion. Despite the revenue drop, the company saw a significant increase in profit attributable to owners by 21.72% to RMB1.45 billion, and earnings per share rose by 21.85% to RMB0.474. The company proposed a final cash dividend of RMB0.29 per share, up from RMB0.24 in the previous year. These results indicate a strong financial performance in terms of profitability, despite a challenging revenue environment, which could positively impact shareholder value and market perception.

More about Sichuan Expressway Co

YTD Price Performance: 1.36%

Average Trading Volume: 2,000

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.89B

Learn more about 0107 stock on TipRanks’ Stock Analysis page.

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