Published:
Yuexiu Transport’s 2024 profits down 14.2% on toll collection right expiration
The final dividend is HK$0.13 per share.
Yuexiu Transport has recorded a profit attributable to shareholders of US$90.77m (RMB657m) for FY2024, 14.2% year-on-year (YoY) lower on the back of the expiration of its toll collection right of Northern Ring Road.
Revenue for the year was US$547.12m (RMB3.96b).
Board recommended final dividend for 2024 is HK$0.13 per share.
Yuexiu Transport had recently completed buying a 55% equity interest in Henan Yuexiu Pinglin Expressway Company, expanding its portfolio especially in Central China.
(US$1 = RMB7.24; as of 14 March 2025, Google)
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