HK Stock Market Move | Shenzhen Expressway Corporation (00548) AH shares both rose over 3%, with Q3 net profit attributable to shareholders up 24% year-on-year.
Shenzhen Expressway Corporation (00548) rose on both its A-share and H-share markets. As of press time, it was up 3.11% at HK$6.475, with a turnover of HK$2.4806 million.
SHENZHENEXPRESS (00548) AH shares both moved higher, rising 3.11% as of press time to HK$6.475, with turnover of HK$2.4806 million.
On the news front, Shenzhen Expressway Corporation released its 2026 third-quarter report last night. In the first three quarters, the company achieved operating revenue of RMB5.776 billion, down 4.52% year-on-year; net profit attributable to shareholders was RMB1.552 billion, up 5.54% year-on-year. In the third quarter alone, operating revenue was RMB2.124 billion, down 0.35% year-on-year; single-quarter net profit attributable to shareholders was RMB633 million, up 24.00% year-on-year.
In the first three quarters, toll revenue from Shenzhen Expressway Corporation's major road sections remained broadly stable overall. Benefiting from the continued improvement of the regional road network and travel demand along the routes, the average daily toll revenue growth of the group's controlled Yanjiang project, Outer Ring project, and Qinglian Expressway ranged between 4.1% and 8.5%.
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