In the first three quarters, China Railway Group achieved operating income of 912.2 billion yuan.
China State Railway Group Limited disclosed its financial results for the first three quarters before 2025 on October 31. In the first three quarters, the State Railway Group achieved a total operating income of 912.2 billion yuan, with a net profit of 11.72 billion yuan. The quality and efficiency of enterprise operation continued to improve, and new achievements were made in the high-quality development of railways. The head of the finance department of the State Railway Group introduced that this year, the State Railway Group has been fully promoting key work such as railway construction, passenger and freight transportation, technological innovation, and reform and operation, providing strong transportation support for the sustained recovery and improvement of China's economy. In terms of passenger and freight transportation, in the first three quarters, the national railways has sent 3.54 billion passengers, a year-on-year increase of 6%, reaching a historical high for the same period; the national railways have sent 3.03 billion tons of goods, with a daily average of 185,300 cars loaded, a year-on-year increase of 3.4% and 4.3% respectively, showing a good trend of stability and improvement. At the same time, railway construction is progressing in an orderly manner. In the first three quarters, the national railways completed fixed asset investment of 593.7 billion yuan, a year-on-year increase of 5.8%, and put into operation a new line of 968 kilometers in total. In addition, new achievements have been made in railway technological innovation. The CR450 EMU prototype conducted type tests and operation assessments on multiple lines such as Chongqing-Guizhou High-Speed Railway, Shanghai-Chongqing-Chengdu High-Speed Railway, and Shenyang-Baotou High-Speed Railway. All indicators performed well, setting a new record of a single-train speed of 453 km/h and a relative meeting speed of 896 km/h during the test period.
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