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Zhejiang Expressway Reports Subsidiary’s Earnings Dip

Zhejiang Expressway Reports Subsidiary’s Earnings Dip

Zhejiang Expressway Co (DE:ZHJ) has released an update.

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Zhejiang Expressway Co. Ltd. has disclosed the preliminary financial results for its subsidiary, Zheshang Securities Co., Ltd., for the first half of 2024, revealing a decrease in total operating income, operating profit, and net profit compared to the previous year. The figures, which are yet to be audited, show a downward trend with total operating income and net profit falling by 5.27% and 13.95% respectively. Investors are cautioned about potential investment risks and are advised to refer to the upcoming 2024 interim report for finalized data.

For further insights into DE:ZHJ stock, check out TipRanks’ Stock Analysis page.

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