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Zheshang Securities Reports Increased Profitability Despite Revenue Decline in 2024

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Zheshang Securities Reports Increased Profitability Despite Revenue Decline in 2024

Confident Investing Starts Here:

Zhejiang Expressway Co ( (HK:0576) ) has issued an update.

Zheshang Securities Co., Ltd., a subsidiary of Zhejiang Expressway Co., Ltd., announced its preliminary annual results for 2024, revealing a decrease in total operating revenue by 10.33% compared to the previous year. Despite this, the company reported an increase in operating profit, total profit, and net profit, indicating improved profitability. The announcement highlights the company’s resilience and potential positive impact on stakeholders, despite facing revenue challenges.

More about Zhejiang Expressway Co

Zhejiang Expressway Co., Ltd. operates in the infrastructure industry, primarily focusing on the development and management of expressways in China. The company also has a significant presence in the financial sector through its subsidiary, Zheshang Securities Co., Ltd., which provides securities services.

Technical Sentiment Signal: Sell

Current Market Cap: HK$26.28B

For detailed information about 0576 stock, go to TipRanks’ Stock Analysis page.

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