Yuexiu Transport Reports Mixed June 2024 Results
Company Announcements

Yuexiu Transport Reports Mixed June 2024 Results

Yuexiu Transport Infrastructure (HK:1052) has released an update.

Yuexiu Transport Infrastructure has reported mixed unaudited operating results for June 2024, with several expressways like Jinxiong and Suiyuenan showing year-on-year increases in toll traffic volume and revenue, attributed to local diversions and construction. Conversely, others like GNSR and Cangyu experienced decreases due to new competing routes and adverse weather conditions, respectively. Month-on-month changes were influenced by holiday toll policies and festivals, affecting traffic and revenue patterns.

For further insights into HK:1052 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskYuexiu Transport Seeks RMB15 Billion Debt Financing
TipRanks HongKong Auto-Generated NewsdeskYuexiu Transport’s Strategic Move: Potential Equity Sale
TipRanks HongKong Auto-Generated NewsdeskYuexiu Transport Infrastructure Plans Major Acquisition
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App