Longjian Shares released its preliminary earnings report, with net profit attributable to shareholders of the listed company reaching 74.03 million yuan in the first half, a year-on-year increase of 5.86 percent. The company achieved total operating revenue of 4.922 billion yuan during the same period, down 3.17 percent year-on-year, with basic earnings per share of 0.07 yuan. Affected by factors such as structural adjustments in macro policies for the infrastructure industry and a slowdown in the pace of market investment release, the commencement and construction progress of some road and bridge construction projects fell short of expectations, and the scale of completed settlements contracted, leading to slight fluctuations in current operating revenue and profit levels compared to the same period last year.
Longjian Road & Bridge Co LtdNet profit up 5.86% but revenue down 3.17%, with mixed results and macro headwinds causing slight fluctuations.