Yuexiu Transport Infrastructure (HK:1052) has released an update.
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Yuexiu Transport Infrastructure reported varying performance across its expressway projects for September 2024, highlighting a general decline in toll traffic volume and revenue due to the end of the summer holidays and new competitive routes. While some expressways like Han’e saw significant year-on-year gains, others like GNSR and Jinxiong experienced revenue drops attributed to new competing routes and road construction. The company remains vigilant in monitoring the impact of these operational changes on their overall financial performance.
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