01785 CHENGDU EXPWAY
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CHENGDU EXPWAY News
Chengdu Expressway (01785): Xia Wei appointed as authorized representative
Chengdu Expressway (01785) issued an announcement. Zhang Guangwen has resigned as secretary of the company's board of directors and joint company secretary due to job changes...
Chengdu Express (01785)'s net profit for the first quarter was 139 million yuan, down 10.2% year on year
According to the Zhitong Finance App, Chengdu Express (01785) announced results for the first quarter of 2024, with operating revenue of 685 million yuan (RMB, same below), up 5.1% year on year; net profit attributable to owners of the parent company was 139 million yuan, down 10.2% year on year.
成都高速：截至2024年3月31日止三個月之第一季度業績公告
成都高速：股東週年大會通告
成都高速：2023年報
Chengdu Express (01785.HK) held a board meeting on April 29 to review and approve the first quarter results
Gelonghui, April 11, 丨 Chengdu Express (01785.HK) announced that the board of directors will hold a board meeting on April 29, 2024 (Monday) to review and approve (including) the unaudited quarterly results of the company and its subsidiaries for the three months ended March 31, 2024.
Hong Kong Stock Concept Tracking | “Infrastructure and Utility Franchise Management Measures” May Implementing Agencies Optimistic About Expressway Sector Valuation Repair (with concept stocks)
On April 8, the National Development and Reform Commission issued the revised “Administrative Measures on Infrastructure and Utility Franchises”, which will take effect in May 2024. Most highways use the franchise model and are most related to the “Measures”. The agency believes that if the “Toll Road Administration Regulations” follow the “Measures” and raise the operating period, the yield of highway renovation and expansion projects is expected to increase, and the long-term value of highway companies is expected to increase. Companies with short term, low PE, and expansion plans have relatively benefited. The overall PE valuation of Hong Kong stock highways is lower than that of A-share highways, or more cost-effective. Changjiang Securities released a research report pointing out that traceability back to the roots and construction is too expensive
Changes in Hong Kong stocks | Highway stocks continue to rise in early trading, franchise term revision agency says there is room for reform in current highway laws and regulations
Highway stocks continued to rise in early trading. As of press release, the Jiangsu Ning—Shanghai Expressway (00177.HK) rose 3.68% to HK$8.16; Zhejiang Shanghai-Hangzhou—Hong Kong (00576.HK) rose 1.57% to HK$5.19; Chengdu Expressway (01785.HK) rose 1.42% to HK$2.14; and the Sichuan-Cheng-Chongqing Expressway (00107.HK) rose 0.99% to HK$3.05.
CHENGDU EXPWAY To Go Ex-Dividend On May 30th, 2024 With 0.18523 HKD Dividend Per Share
March 30th - $CHENGDU EXPWAY(01785.HK)$ is trading ex-dividend on May 30th, 2024. Shareholders of record on May 31st, 2024 will receive 0.18523 HKD dividend per share on July 26th, 2024. The ex-di
Chengdu Express (01785.HK) achieved net profit of 662 million yuan in 2023, up 18.2% year on year
On March 27, Gelonghui | Chengdu Express (01785.HK) announced that in 2023, the Group achieved revenue of RMB 2,894,040,981, an increase of 11.5% over the previous year. The Group achieved net profit of RMB 662,176,389, an increase of 18.2% over the previous year. Basic earnings per share were approximately RMB 0.37. The Group is committed to providing stable returns to shareholders, and the board of directors recommended a cash dividend of RMB 0.168 (tax included) per share for the final year of 2023.
Chengdu Express (01785) will pay a final dividend of 0.168 yuan per share on July 26
According to the Zhitong Finance App, Chengdu Express (01785) announced that the company will pay a final dividend of RMB 0.168 per share for the year ended December 31, 2023 on July 26, 2024.
CHENGDU EXPWAY: 2023 ANNUAL RESULTS ANNOUNCEMENT
Chengdu Express (01785.HK) will hold a board meeting on March 27 to approve the annual results
Gelonghui, March 4, 丨 Chengdu Express (01785.HK) announced that the board of directors will hold a board meeting on March 27, 2024 (Wednesday) to (i) review and approve the annual results of the company and its subsidiaries for the financial year ended 31 December 2023; and (ii) consider the final dividend (if any) proposal.
Ministry of Finance: The total profit of state-owned enterprises in 2023 was 4633.28 billion yuan, up 7.4% year-on-year
From January to December, the main efficiency indicators of state-owned and state-owned enterprises across the country continued to grow steadily, and the upward trend was further consolidated.
Chengdu Expressway Invests 500 Million Yuan in 2 Structured Deposit Products
Chengdu Expressway (HKG:1785) has subscribed for 300 million yuan and 200 million yuan of structured deposits offered by China Construction Bank (SHA:601939, HKG:0939) and Industrial and Commercial Ba
Cathay Pacific Junan: Cash flow in the highway industry is stable and dividend rates are determined, and market preferences are expected to continue to dominate earnings space in 2024
High dividends can still be expected, market preferences determine space
Chengdu Expressway Unit Inks Fuel Procurement Deal With Two Firms
Chengdu Expressway (HKG:1785) unit Chengdu Communications Investment Energy Development has inked deals to procure petrol and diesel fuel from two suppliers for three years through December 2026. The
Chengdu Expressway Unit Invests in Structured Deposit Product by Bank of Chengdu
Chengdu Expressway's (HKG:1785) unit Investment Energy has subscribed for a 100 million yuan structured deposit product offered by Bank of Chengdu (SHA:601838). The structured deposit has an expected
Chengdu Expressway (01785.HK) subsidiary spent 100 million yuan to subscribe for structured deposits
Gelonghui November 2 | Chengdu Expressway (01785.HK) announced that the company's subsidiary Trading Energy signed a second structured deposit agreement with the Huaxing Branch of the Bank of Chengdu on November 2, 2023. Under this, Trading Energy will use RMB 100 million to subscribe for structured deposits offered and sold by the Bank of Chengdu.
Chengdu Expressway's Nine-Month Profit Rises on Higher Revenue
Chengdu Expressway's (HKG:1785) attributable profit rose to 516.8 million yuan in the nine months ended Sept. 30 from 450.5 million yuan in the prior-year period, a Tuesday filing said. Revenue at the
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