On August 31, China Railway Group disclosed financial results for the first half of 2024. In the first half of the year, China Railway Group achieved total operating revenue of 579.4 billion yuan, net profit of 1.7 billion yuan, and steady improvement in the quality and efficiency of railway operations. Indicators such as fixed asset investment, passenger traffic volume, and number of trains operated between China and Europe all reached record highs in the same period. As demand for passenger and cargo transportation continues to grow and railway network dividends are gradually released, China Railway Group's operating performance continued to improve. Total transportation revenue in the first half of the year reached 484.1 billion yuan, an increase of 4.7% over the previous year; the balance ratio was 64.55%, down 0.99 percentage points from the end of the previous year, and the quality and efficiency of railway operations improved markedly.

Zhitongcaijing · 08/31 10:17
On August 31, China Railway Group disclosed financial results for the first half of 2024. In the first half of the year, China Railway Group achieved total operating revenue of 579.4 billion yuan, net profit of 1.7 billion yuan, and steady improvement in the quality and efficiency of railway operations. Indicators such as fixed asset investment, passenger traffic volume, and number of trains operated between China and Europe all reached record highs in the same period. As demand for passenger and cargo transportation continues to grow and railway network dividends are gradually released, China Railway Group's operating performance continued to improve. Total transportation revenue in the first half of the year reached 484.1 billion yuan, an increase of 4.7% over the previous year; the balance ratio was 64.55%, down 0.99 percentage points from the end of the previous year, and the quality and efficiency of railway operations improved markedly.