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Economy

Chinese high-speed railway giant sees robust performance in 2019

April 20, 2020


Abstract : Beijing-Shanghai High Speed Railway Co. Ltd. (BSHSR), the operator of one of China's most profitable railway lines, reported profit gains last year.

BEIJING, April 19 (Xinhua) -- Beijing-Shanghai High Speed Railway Co. Ltd. (BSHSR), the operator of one of China's most profitable railway lines, reported profit gains last year.

The company raked in 11.94 billion yuan (about 1.7 billion U.S. dollars) in net profits attributable to shareholders, rising 16.48 percent year on year, according to the company's report filed with the Shanghai Stock Exchange.

Total operating revenue came in at 32.94 billion yuan in 2019, up 5.72 percent year on year, said the report.

Established in 2007, the high-speed railway giant made debut on China's A-share market at the Shanghai Stock Exchange on Jan. 16 this year. Enditem

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Keyword: infrastructure construction high speed railway

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