Daqin Railway H1 Profit Up 3%; Shares Slide 3%
Daqin Railway (SHA:601006) posted first-half attributable net profit of 4.25 billion yuan, up 3.4% from 4.11 billion yuan the previous year.Earnings per share were unchanged at 0.21 yuan, according to Friday filings with the Shanghai bourse.Operating revenue rose 6.2% year over year to 39.6 billion yuan from 37.3 billion yuan.The railway operator declared an interim dividend of 0.08 yuan per share.Shares of Daqin Railway were down 3% in recent trade.