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Sinolink Securities: In 2025, holidays will increase by 2 days, bullish for the travel sector.
Taking the National Day holiday in 2024 as an example, the civil aviation of the entire country has cumulatively transported nearly 16.1 million passengers, with a daily average of 2.3 million passengers. The daily passenger volume has increased by 22% compared to the National Day holiday in 2019 and by 11% compared to the Mid-Autumn Festival and National Day holidays in 2023, with growth higher than the annual average level.
beijing-shanghai high speed railway (601816.SH): has cumulatively repurchased 0.0146% of shares.
Gelonghui November 5th | Beijing-Shanghai high speed railway (601816.SH) announced that as of October 31, 2024, the company has repurchased a total of 7,176,300 shares through centralized competitive bidding, accounting for approximately 0.0146% of the total share capital of the company. The highest price at which the repurchase was transacted was 5.72 yuan/share, and the lowest price was 5.20 yuan/share. The total amount of funds paid was 38,088,348.39 yuan (excluding transaction costs).
Beijing-Shanghai high speed railway (601816): The line's traffic volume is affected by a high base number, and Q3 performance is lower than expected.
beijing-shanghai high speed railway released its third quarter report for 2024, achieving revenue of 11.49 billion yuan in Q3 24, a 0.9% year-on-year decrease, achieving a net income attributable to the parent of 3.66 billion yuan, a 3.2% year-on-year decrease, realizing total revenue for the first three quarters.
BEIJING-SHANGHAI HIGH SPEED RAILWAY(601816):3Q24 RESULTS MISS DUE TO A SLOWDOWN IN THE GROWTH OF PASSENGER VOLUME
Beijing-Shanghai High Speed Railway (601816): Railroad passenger transportation growth slows down, Beijing-Fuzhou and Anhui turn losses into profits.
The Beijing-Shanghai high speed railway released its third quarter report for 2024, with the company achieving revenue of 11.493 billion yuan, a year-on-year decrease of 0.9%; achieving a net income attributable of 3.658 billion yuan, a year-on-year decrease of 3.2%. Event commentary:
Beijing-Shanghai High Speed Rail: Report of the Beijing-Shanghai High Speed Rail Co., Ltd. for the third quarter of 2024
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