China Railway Group's Q3 Profit Falls 10%

MT Newswires Live
Oct 31

China Railway Group (HKG:0390) booked 5.7 million yuan in attributable profit for the third quarter, 10% lower from a year earlier, according to a Hong Kong bourse filing Thursday.

Shares of the railway construction company fell nearly 4% in late morning trade Friday.

Earnings per share fell 9% year on year to 0.23 yuan.

Revenue fell 4.5% year-on-year to 262.7 million yuan, figures showed.

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