News Column

Guangshen Railway H1 Net Down 49%

August 22, 2014

SHENZHEN, August 22, SinoCast -- Guangshen Railway (SHSE: 601333) reported operating revenue of about CNY 7.17 billion for the first half of 2014, down 6.1% from a year ago. Of the total, CNY 3.5 billion, or 48.84%, was from passenger transportation, down 12.15%. CNY 850 million, or 33.39%, was from cargo transportation, up 32.54%.

Operating profit and net profit attributable to shareholders each fell 44.06% and 49.36%.

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Source: Sinocast Transportation Beat (China)

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