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China Railway's Q1 Profit Slips 28%

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China Railway Group (SHA:601390, HKG:0390) recorded a 28% decline in attributable profit in the first quarter of 2026 to 4.36 billion yuan from 6.03 billion yuan a year prior, according to a Wednesday Hong Kong bourse filing.

Hong Kong-listed shares of the railway construction company were down nearly 6% in Thursday afternoon trading, while China-listed shares were down 3%.

Earnings per share slipped to 0.177 yuan from 0.245 yuan in the corresponding period of the previous fiscal year.

Revenue slipped 5.5% to 235 billion yuan from 248.6 billion yuan in the year-ago period.

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