Toll operator Shenzhen International posts H1 loss on higher costs

SHENZHEN INTERNATIONAL HOLDINGS

28/08/2026 05:14

Overview
China toll roads and logistics operator's H1 revenue rose yr/yr
Company posted net loss attributable to shareholders, compared to profit a year earlier
Loss driven by increased impairment losses and higher finance costs

Outlook
Company did not provide specific financial guidance or outlook for the current or future periods

Result Drivers
IMPAIRMENT LOSSES - Co said increased impairment losses on trade and other receivables and contract assets contributed to net loss
HIGHER FINANCE COSTS - Co reported higher finance costs compared to previous period

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$8.23 bln
 
H1 Net Loss Attributable
 
HK$220.60 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the highways & rail tracks peer group is "buy"
Wall Street's median 12-month price target for SHENZHEN INTERNATIONAL HOLDINGS LIMITED is HK$9.54, about 79.5% above its August 27 closing price of HK$5.32
The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 6 three months ago

Reuters Recommended Reads
Aug 26 - Hong Kong's Road King Infrastructure interim revenue rises on toll road growth
Aug 27 - China's Chengdu Expressway H1 revenue falls on lower traffic
Aug 27 - China's Changan Minsheng H1 profit falls on logistics price pressure, higher labor costs

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)