Business
CHINA MERCHANTS EXPRESSWAY NETWORK: Revenue up 30.6% to ¥12.71B, net profit down 21.4% to ¥5.32B; cash flow strong
CHINA MERCHANTS EXPRESSWAY NETWORK: Revenue up 30.6% to ¥12.71B, net profit down 21.4% to ¥5.32B; cash flow strong
About this update from China Merchants Expressway Network & Technology Holdings Co., Ltd. Class A
Revenue grew 30.6% to ¥12.71B, but net profit fell 21.4% to ¥5.32B due to lower asset disposal gains and more free passage days. Investment operation led growth, while smart transportation and technology segments faced headwinds. Cash flow and asset quality improved.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.