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Shandong Hi-Speed (600350): Q3 performance improved compared to the previous quarter, construction and expansion of Weilai Hi-Speed is imminent.
Investment Highlights: The company released its third quarter report for 2024. In the first three quarters of 2024, the company achieved revenue of 19.901 billion yuan, a year-on-year increase of 10.94%. Among them, revenue in the third quarter reached 7.765 billion yuan, an increase of 1% year-on-year.
shandong hi-speed (600350): The decline in toll revenue is narrowing, and growth can be expected after the completion of the ongoing construction projects.
shandong hi-speed released its third quarter report for 2024 on October 29, 2024: In the first three quarters of 2024, the company achieved revenue of 19.901 billion yuan, a year-on-year increase of 10.94% (adjusted, the same below).
Shandong Hi-Speed's Q3 Profit Slips 3%, Operating Income Jumps 19%
SHANDONG HI-SPEED(600350):3Q24 RESULTS IN LINE; YOY DECLINE IN TOLL FEE REVENUE NARROWS
Shandong Expressway Co., Ltd. Report for the Third Quarter of 2024
Express News | shandong hi-speed: planning to invest in the expansion and reconstruction project of the Laizhou to Weifang section of the S16 Rongweihigh-speed highway.
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