SHA:600039

CICC Starts Sichuan Road & Bridge at Outperform with 10.50 Yuan Price Target

Sichuan Road & Bridge Exits Private Equity Fund with Early Lump-Sum Payout

Sichuan Road & Bridge (SHA:600039) subsidiary Road & Bridge Group exited a 111.2-million-yuan private equity fund investment tied to a highway project in Guangxi, China.The fund shares were transferred to Guangxi Jiaosheng, with proceeds collected early as a lump sum of 98.3 million yuan, according to a Tuesday filing with the Shanghai bourse.Shares of the construction company were down 3% in recent trade.

Sichuan Road & Bridge's Profit Slides 16% in Q1

Sichuan Road & Bridge's (SHA:600039) attributable profit fell 16% to 1.50 billion yuan in the first quarter from 1.77 billion yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the construction company decreased 15% to 0.17 yuan from 0.20 yuan in the prior-year period.Operating revenue declined 4.1% year over year to 22 billion yuan from 23 billion yuan.

Sichuan Road & Bridge 2025 Profit Up 1%; Shares Down 5%

Sichuan Road & Bridge (SHA:600039) posted 2025 attributable net profit of 7.30 billion yuan, up 1.2% from 7.21 billion yuan the previous year.Earnings per share ticked up to 0.84 yuan from 0.83 yuan, according to a weekend filing with the Shanghai bourse.Operating revenue rose 7.3% year over year to 115.1 billion yuan from 107.2 billion yuan.Shares of the construction company declined 5% in recent trade.